In the article Marijuana 'top cash crop in US' the BBC reports that marijuana is the largest cash crop in the US, surpassing corn and wheat combined with an annual value of $35B.
posted by Dr. Steven Morphy-Godchaux III at
3:16 PM
3 Comments:
Here's the fallacy, if you legalize it, then the price goes way down and all of your theoretical tax revenue drops. Then comes the cost of medical care for long time users, education programs, etc. Just look at tobacco and alcohol.
I'm not arguing for legalization, but I think you're off on the tax argument. Tobacco is legal and it gets taxed to hell and back - I can't recall the price on cigarettes ever going down.
And we're already paying for the medical care of long time users. I'm not sure legalization would create throngs of new pot users, either.
I'm also against paying taxes for warehousing pot smoking 'criminals' in Federal prisons (which I've heard estimated at half the US prison population). Not to mention the loss to society from these folks being on ice. I'm sure some of them could be functional members of society. I really blame gutless politicians who use the issue as a 'get tough on crime' stance.
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3 Comments:
Here's the fallacy, if you legalize it, then the price goes way down and all of your theoretical tax revenue drops. Then comes the cost of medical care for long time users, education programs, etc. Just look at tobacco and alcohol.
By
Murphy "Mac" Morphy, at Thu Dec 21, 11:38:00 AM CST
I'm not arguing for legalization, but I think you're off on the tax argument. Tobacco is legal and it gets taxed to hell and back - I can't recall the price on cigarettes ever going down.
And we're already paying for the medical care of long time users. I'm not sure legalization would create throngs of new pot users, either.
By
Thurston J Morphy III, at Tue Dec 26, 11:41:00 AM CST
I'm also against paying taxes for warehousing pot smoking 'criminals' in Federal prisons (which I've heard estimated at half the US prison population). Not to mention the loss to society from these folks being on ice. I'm sure some of them could be functional members of society. I really blame gutless politicians who use the issue as a 'get tough on crime' stance.
By
Dr. Steven Morphy-Godchaux III, at Tue Dec 26, 02:32:00 PM CST
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