Could taxed marijuana sales lower Texans’ property taxes?

Could taxed marijuana sales lower Texans’ property taxes? | via ttupublicmedia

, a policy nonprofit, said none of them directly tie that revenue to property tax relief.

Colorado started recreational marijuana sales in 2014. Their tax revenue goes into a few different pots, including one for education. Hoffer said that’s pretty common. While there’s no existing framework for tying marijuana tax revenue to lowering property taxes, Hoffer said using a revenue source to offset these taxes isn’t unheard of.

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