Wednesday, November 29, 2006
Some useful figures on Marijuana
From a report by Jeffrey A. Miron, a visiting professor of economics at Harvard:
This report concludes that marijuana legalization would reduce government expenditure by $7.7 billion annually. Marijuana legalization would also generate tax revenue of $2.4 billion annually if marijuana were taxed like all other goods and $6.2 billion annually if marijuana were taxed at rates comparable to those on alcohol and tobacco.
Not quite enough to balance the budget, but we'd be high enough at that point to just not care anymore.
Pot a better soma than TV? I doubt it. It does have the same nasty side effect of making you stupid.Post a Comment