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Projected marijuana tax revenues. [updated: 4/20]
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Topic: Projected marijuana tax revenues. [updated: 4/20] (Read 424 times)
DrWHAT
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Projected marijuana tax revenues. [updated: 4/20]
«
on:
November 03, 2009, 04:09:29 PM »
There are MANY reasons to keep marijuana illegal... but many would argue there are just as many if not more reasons to change that.
Looking at just the money involved, Making it legal would.
1) Take money out of the hands of violent criminal gangs, and direct it into the pockets of law abiding citizens.
2) Put what many consider a valuable but cheap medicine in the hands of paitents. Allowing them to avoid use of extremely powerful opiates, that can develop into life long and expensive addictions.
3) Put millions of dollars into our economy.
3a) Money from taxes (see below)
3b) Money from the legal production and distribution.
4) Ability to redirect federal/state/local funds away from activities associated with enforcement of pot laws. Redirection of funds will enable a large funding surges against violent crimes and other more harmful drugs, as well as an expansion into fighting 'internet based' crimes (identity theft, child porn, etc).
California 105.4
New York 65.5
Florida 48.2
Texas 46.6
Ohio 34.8
Michigan 32.4
Illinois 31.6
Pennsylvania 30.5
Washington 22.0
Virginia 20.9
North Carolina 20.6
Georgia 19.3
New Jersey 19.3
Massachusetts 18.4
Indiana 17.8
Colorado 17.6
Missouri 15.6
Minnesota 14.3
Oregon 14.1
Maryland 13.9
Wisconsin 13.4
Arizona 13.0
Louisiana 13.0
Tennessee 12.2
Kentucky 10.2
Connecticut 9.8
South Carolina 9.1
Alabama 8.9
Oklahoma 8.3
Nevada 7.9
Arkansas 6.7
Kansas 6.6
Mississippi 6.6
Iowa 6.2
New Hampshire 5.6
Nebraska 5.0
New Mexico 4.9
Utah 4.7
Rhode Island 4.6
Maine 4.1
West Virginia 4.1
Hawaii 4.0
Montana 3.6
Idaho 3.3
Alaska 2.8
District of Columbia 2.8
Vermont 2.8
Delaware 2.4
South Dakota 2.0
North Dakota 1.6
Wyoming 1.2
* Revenues based on state-by-state marijuana consumption, assuming pot were legalized. Source: Prof. Jeffrey Miron, "Budgetary Implications of Marijuana Prohibitions," June 2005.
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Last Edit: April 20, 2010, 07:45:19 PM by DrWHAT
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DrWHAT
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Re: Projected marijuana tax revenues. [updated: 4/20]
«
Reply #1 on:
April 20, 2010, 07:46:01 PM »
Reason... over comes fear?
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lolcat
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Re: Projected marijuana tax revenues. [updated: 4/20]
«
Reply #2 on:
May 02, 2010, 08:13:18 AM »
Interesting
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