According to a new report by the Urban Institute and Brookings Institution’s Tax Policy Center, Alaska has the highest marijuana tax rate of all states that have legalized the plant.
The report found that for every $100 ounce of marijuana purchased, Alaskans pay $57.50 in marijuana taxes, making it the highest tax rate in the country. The next closest state is Washington, with $47.25 in marijuana taxes paid on every $100 ounce.
On the other end of the spectrum, New Jersey was found to have the lowest tax rate, with $14.32 in taxes paid on every $100 ounce, which is drastically lower than the $57.50 paid by Alaskans. The second lowest is Michigan at $16.
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