Connecticut Lawmakers Want 20% Overall Cannabis Tax Rate

Connecticut Lawmakers Want 20% Overall Cannabis Tax Rate

Aresimowicz said if the legislature doesn’t come up with a compromise on legalization before June 5 they might call a special session to come to an agreement.
The tax rate plan would keep Connecticut’s cannabis taxes on par with neighboring Massachusetts and includes a local option that would allow municipalities to add their own 3 percent sales tax.
“Naturally, we don’t want to incentivize anybody to go over the border to Massachusetts if they are going to purchase cannabis. We tried to keep our rate consistent with the overall effective rate of where Massachusetts is.” — Rep. Jason Rojas, viaNBC Connecticut
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Connecticut Lawmakers Want 20% Overall Cannabis Tax Rate

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