"In Washington State, authorities will impose a 25 percent excise tax on every phase of the newly liberalized market: production, processing, and final sale. That’s on top of standard state sales tax of 8.75 percent." - Bloomberg News
Sometimes I think the reason marijuana is now pretty much legal, and concealed carry is sweeping the nation, is because governments are bankrupt and have run out of money.
So, being desperate for money, they realize legalizing marijuana will help grow the economy and bring in more taxes.
As for concealed carry, it makes crime go down, ultimately saving on police and prisons (we're not there yet).
Next I expect to see prostitution made legal...well, in many ways it is.
There is humor in all of this. Desperate governments trying to fund themselves through sex, drugs and rock 'n' roll.
We used to get in trouble for this stuff in high school.
2 comments:
Without the collapse in tax revenue that accompanied the Great Depression, Prohibition probably never would have been repealed.
You could tell how desperate things were in Detroit when the state approved a plan to close half of the city's schools. The indoctrination centers are one of the most important cogs in the machine state; they aren't sacrificed lightly.
If governments get really cash-strapped, they may even approve tax credits for private school tuition and/or homeschooling (since these spend a tiny fraction of the money per child that public schools spend). By then, though, things will probably look like Mad Max: Beyond Thunderdome, and education will be the least of our problems.
Legalizing weed will not grow the economy. The feds cannot produce the stuff cheap enough to compete with the stoner that can grow this crap in his basement for virtually nothing. Then one must consider the other social problems created by it: the fact that it is a gateway drug, the crime, the accidents on the road from drivers under the influence, the families ruined by drugs, etc etc. The fact is that if you are going to legally put drugs in the hands of stupid people and criminals, the least you can do is put guns in the hands of responsible citizens so that they can defend themselves against all the failed liberal social experiments you are going to create.
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