The best article on Marijuana you’ll read all day:
November 19th, 2006The Cost of Marijuana Prohibition
We, the undersigned, call your attention to the attached report by Professor Jeffrey A. Miron, The Budgetary Implications of Marijuana Prohibition. The report shows that marijuana legalization — replacing prohibition with a system of taxation and regulation — would save $7.7 billion per year in state and federal expenditures on prohibition enforcement and produce tax revenues of at least $2.4 billion annually if marijuana were taxed like most consumer goods. If, however, marijuana were taxed similarly to alcohol or tobacco, it might generate as much as $6.2 billion annually.
The undersigned look like three Nobel Laureates and eight hundred other economists…not exactly your normal group of hippy left-wingnuts…
I’m not into pot smoking or anything (not that there is anything wrong w/ it ;) …it’s no worse than cigarettes, alcohol, or caffeine) but I say legalize it and tax it the same as cigs & alcohol. It will generate some much needed money that asshole Bush squandered on this useless stupid ass dumbfuckistan war!
ditto