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Originally Posted by marketsmart
it's time and there are so many benefits outside of the tax revenue...
if it is legalized, people will understand why it should have been done years ago...
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Quote:
Originally Posted by kristin
I just read an article on NPR where moms and cops want it legalized and stoners don't. It would get Cali out of debt and hopefully create some jobs.
Cali's pot is a $14 billion dollar industry whereas the second highest earning commodity is milk at $7 billion. It would save 1 billion just in prisons and Oakland anticipates it would net $12 million per year.
The stoners obviously don't want the tax but it will also put the local growers who are off the grid to lose their job essentially.
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i've read conflicting reports on the economic impact. i'm not opposed to paying a tax for pot and i also don't think the fed gov would take cali to task on this, and the amount saved by not pursuing smoking as a crime is also considered. but some reports show there will be a net loss of jobs and fed dollars.
thus my not sure stance. not to mention, it's pretty easy to get set-up to legally smoke.