Sunday, May 22, 2011
Pot could help not hurt.
I must start by saying I have never smoked marijuana nor do I have any desire to use it at all. It is estimated that 100 million Americans have used marijuana that is almost 1 in 3. It is less addictive then alcohol with about a 9% for marijuana compared to 15% for alcohol. With this it is estimated about 9 million regularly use marijuana in spite of it being illegal, because of this the government spends an estimated $10.7 billion on law enforcement to fight it. In addition to this marijuana is estimated at being a $113 billion a year business that goes to fund criminals. Now if that was taxed at just 10% would be an additional $11.3 billion. Between the cost saving in law enforcement and additional tax is another $22 billion. It also would give more room in prisons for the increase in fraud caused by the new smoking law I talked about in my last post. Implying the same rule of not giving government help to those who used marijuana. This could be maybe a forth of cigarettes smokers if it did that would be another $55 billion. Those are low estimates at $77 billion from making marijuana legal. Between my last post and this post I showed how to save nearly $300 billion and hurt few. Thank you for reading please share.
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