Chart of the Day: Projected Marijuana Tax Revenues |
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| By: Jason Rosenbaum Saturday November 14, 2009 5:00 pm | |
By state if marijuana were legal and taxed, via sloshspot:
(click for larger)
That, to put it mildly, is a lot of money, especially if you get rid of the money used to enforce our current drug laws and add it to the tax revenue. In this economy, don’t you think states might be interested?
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11 Comments
Thank you for making a clear choice even more so. These are great, graphic visuals.
Left Coast represent!
*density, dude*
Thanks for the Chart Yo !
Will sanity finally prevail?
Interesting, but those numbers are extremely conservative. There is currently a legalization bill being debated by the California Legislature that would generate an estimated $1.5 billion in revenue. So that’s double the amount of the above estimate for the whole country and 15 times their estimate for California. At that rate, we might be able to generate $14 billion nationally instead of spending that, for a net savings of $28 billion.
Huh, thanks for the links. Maybe it’s time to update the chart…
The drug war is a great area of need for evidence-based policy. It really makes you wonder what Dem leaders are smoking when they think being ‘tough on crime’ is good for the country or good for their electoral support.
Legislating personal morality is the domain of the GOP. It just makes us look silly when we give it credence.
I think we’re going to see a big resurgence of the tough on crime line, especially if the economy recovers.
“I think we’re going to see a big resurgence of the tough on crime line, especially if the economy recovers.” ; Jason, a ‘resurgence’ is MORE likely if the economy does NOT recover and the odds are much higher for that being the case than a recovery. Simply stated, the ‘consumptive’ economy is dead (and rightfully so for the human species survival) in the U.S. and will soon be around the world.
I’m of the mind that the tough on crime stance is one the right-wing takes in relatively good economic conditions, because otherwise people are more worried about jobs and the like. See Clinton before the dot com crash.