COLORADO USA LEGALIZES MARIJUANA • TIME TO LEGALIZE MARIJUANA IN CANADA sign now

We, the undersigned, call your attention to the attached report by Professor Jeffrey A. Miron, an American economist: http://www.prohibitioncosts.org/mironreport/. This USA report shows that marijuana legalization -- replacing prohibition with a system of taxation and regulation -- would save $7.7 billion per year in state and federal expenditures on prohibition enforcement and produce tax revenues of at least $2.4 billion annually if marijuana were taxed like most consumer goods. If, however, marijuana were taxed similarly to alcohol or tobacco, it might generate as much as $6.2 billion annually.

The fact that marijuana prohibition has these budgetary impacts does not by itself mean prohibition is bad policy. Existing evidence, however, suggests prohibition has minimal benefits and may itself cause substantial harm. SOURCE: http://economics.about.com/od/incometaxestaxcuts/a/legalize_pot.htm

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No longer a registered userBy:
Politics and GovernmentIn:
Petition target:
Canadian Taxpayers

Petition community:
Drink Mary Jane's & Friends

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canada, legalize, marijuana, use

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