Expanding Tobacco Tax to Fund Early Education in Colorado
In recent days, according to a report by Craigdailypress, voters in the state of Colorado, USA, have voted in favor of increasing taxes on tobacco and nicotine products in the 2020 referendum, with the intention of using the revenue to fund comprehensive early education programs.
However, the current increase in taxes exceeded expectations by about $24 million. As a result, the legislature has passed a bill requiring a statewide referendum this year to retain this additional revenue and all future taxes to expand pre-school education programs.
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