Colorado became the first U.S. state to pass legislation regulating the retail sale of marijuana and proposing to tax the new industry as much as 25 percent, defying federal law that labels marijuana an illegal substance.
After five months of hearings to iron out hundreds of details, Colorado became the first U.S. state to pass legislation regulating the retail sale of marijuana and proposing to tax the new industry as much as 25 percent.
Mitt Romney and President Barack Obama faced off from afar in two contested states over the administration’s proposal to extend tax cuts for families making less than $250,000 a year while letting rates rise for those earning more.
President Barack Obama, running behind in the latest poll in Colorado, is trying to energize two key constituencies in the swing state, women and Hispanics, as Mitt Romney blames Obama for the U.S.’s slow economic recovery.
For about the cost of a squad car, a deputy sheriff in Mesa County, Colorado, can track criminal suspects, picture an arson scene or search for lost hikers, all with the ease of tossing a toy glider into the air.
Columbia University professors Joseph Stiglitz and Glenn Hubbard agree that income inequality is a concern. They disagree over what’s behind it and how best to tackle it, in a dispute that has spilled beyond the halls of academia and onto the presidential campaign trail.