Maryland Governor Wes Moore has proposed a series of budget-balancing tax increases, including increasing the tax rate on licensed marijuana sales.
Governor Moore is proposing an increase in the state’s marijuana excise tax from 9%, to 15%, marking an increase of 66%.
Despite such a significant increase, it appears that a strong majority of voters approve the move. According to a recent Washington Post – University of Maryland poll, 60% of voters in the state support the move, with 34% opposed and 6% unsure. This was tied for the most popular among Governor Moore’s proposals.
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