Tuesday, October 18, 2011

GETTING OUT OF THE RED Legalize it - The Tech

GETTING OUT OF THE RED Legalize it - The Tech: "For a moment, ignore the question of whether, as a matter of principle, marijuana should be legal or illegal. What would be the net improvement of U.S. public finances if the drug were legalized and taxed?

To determine how much additional revenue would be created by legalization, the first step is to judge how large the U.S. market for marijuana is. These estimates vary widely, but both demand- and supply-side analyses of the U.S. marijuana market put it in the area of roughly $40 billion in transactions per year."

'via Blog this'

1 comment:

  1. (I love your chart diagram - could I borrow it for my blog? http://usmjp.com usmjp@yahoo.com)

    Please! Huury & click & sign petition http://wh.gov/gP1
    (case sensitive upper case capitol P)
    at the White House "We the People" now! deadline Oct. 22
    "Demand an Amendment to the U.S. Constitution to End
    Marijuana, Marihuana, Cannabis and Hemp Prohibition"
    This is a real umbrella petition that takes in all
    the complaints of the 12 other marijuana related petitions.
    President Obama allows Adults and children age 13 and up
    to sign this petition.