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Taxing Marijuana As a Grand Political Bargain

By January 21, 2010

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Polls show support for legalizing marijuana:
Eight in 10 Americans support legalizing marijuana for medical use and nearly half favor decriminalizing the drug more generally, both far higher than a decade ago...

And a separate proposal in California to legalize and tax the drug cleared a legislative committee last week. A Field poll there in April found 56 percent support for the idea, which its backers say would raise $1.3 billion a year.
I would not be surprised if California legalizes marijuana as a grand political bargain - the state government desperately needs the money. Liberals would get legalized marijuana, conservatives would see less pressure on having taxes rise.

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Comments

February 2, 2010 at 7:21 pm
(1) vapormatic review says:

The question is, will marijuana make the government more money from being legal or illegal. Taxes, or the money they are making of it being illegal, that is the question.

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