Sunday, October 16, 2011

74 Years Ago This Month, The Marijuana Tax Act Changed Everything | THE Weed Blog

74 Years Ago This Month, The Marijuana Tax Act Changed Everything | THE Weed Blog: "By Jasen T. Davis

According to a report by Jon Gettman, who has a Ph.D. in public policy and regional economic development from George Mason University, the war on cannabis costs U.S. taxpayers $42 billion per year.

Gettman is also the leader of the Coalition for Rescheduling Cannabis, and is the former head of the National Organization for the Reform of Marijuana Laws.

He based his calculations on U.S. government statistics and official federal reports, concluding that the business of cannabis in the country is worth $113 billion dollars. If taxed, the potential revenue stream from taxing this local economy would be significant."

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