I can’t understand the figures for sales of recreational marijuana in Colorado in April, the fourth month below: How could 10 percent of marijuana sales be greater than 2.9 percent of all sales? I’ve asked the Department of Revenue for help in understanding what is going on. All figures come from links on http://www.colorado.gov/cs/Satellite/Revenue-Main/XRM/1251633259746.
| first month sales taxes | $416,690 |
| divided by.029 sales tax rate | $14,368,621 |
| 10-percent taxes divided by.10 percent retail tax rate | $14,015,680 |
| difference | $352,941 |
| percentage | 0.024563296 |
| second month sales taxes | $438,253 |
| divided by.029 sales tax rate | $15,112,172 |
| 10-percent taxes divided by.10 percent retail tax rate | $14,349,160 |
| difference | $763,012 |
| percentage | 0.050489922 |
| third month sales taxes | $569,505.00 |
| divided by.029 sales tax rate | $19,638,103.45 |
| 10-percent taxes divided by.10 percent retail tax rate | $18,986,850.00 |
| difference | $651,253.45 |
| percentage | 0.033162747 |
| fourth month sales taxes | $639,728.00 |
| divided by.029 sales tax rate | $22,059,586.21 |
| 10-percent taxes divided by.10 percent retail tax rate | $22,160,700.00 |
| difference | ($101,113.79) |
| percentage | -0.004583667 |
| fifth month sales taxes | $642,124 |
| divided by.029 sales tax rate | $22,142,206.90 |
| 10-percent taxes divided by.10 percent retail tax rate | $20,705,770.00 |
| difference | $1,436,436.90 |
| percentage | 0.064873249 |
The Center for New Revenue 