Washington state legislators considering reducing the taxes on recreational marijuana

State Sens. Brian Hatfield, D-Raymond, Pacific County, and Ann Rivers, R-La Center, Clark County, are pushing a bill that would replace the state’s three-tier tax system with a single marijuana tax, paid by the consumer.

Initially, the tax would be 37 percent of the selling price, but would scale down to 30 percent in July 2017 and 25 percent in 2019. Sales tax also would be collected.

For the rest of the story please go here.