How High are Marijuana Taxes in Your State?

As public support for marijuana legalization rises, policymakers are left to figure out the proper way to tax it if their state follows the trend.

Eight states have legalized recreational marijuana, with several approaches to taxation being used. Massachusetts for example, set to begin sales in mid-2018, plans to levy an additional 3.75 percent tax on retail sales. Washington also levies a sales tax, but at a much higher rate of 37 percent.

On the other hand, states like Alaska and California levy a flat per-unit tax. Alaska levies a $50 per ounce tax and, when sales begin, California plans to impose a 15 percent sales tax in addition to a flat $9.25 per ounce on flowers and $2.75 per ounce on leaves.

Read More at TaxFoundation.org