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Don't arrest, invest | What could marijuana decriminalization buy us? About $10.1 billion
The Prometheus Institute ^ | 4/20/2007 | Justin Hartfield

Posted on 04/20/2007 5:56:08 AM PDT by tang0r

Jeffery A. Miron finds that by decriminalizing cannabis, the federal government would generate $2.4 billion in federal tax revenue annually, and that an additional $7.7 billion would be saved as the cost of incarceration, policing, and processing offenders. Now, that's too much money to for the human brain to fully conceptualize, given the air quality around April 20th, so your friends at the Prometheus Institute have provided this handy quantitive index in order show exactly how much the U.S. can earn each year from cannabis decriminalization. The math: $2.4 billion per year + $7.7 billion per year = $10.1 billion gained in total per year. You're welcome.

The $10.1 billion dollars could, for those who are interested, do any of the following:

• Subsidize a school voucher system for half of the U.S., for good reason • Build three nuclear reactors, because Greenpeace will be high and won't notice • Extend health insurance to one million uninsured Americans, and doesn't that make everyone happy? • Purchase eight Stealth Bombers, or 2 Minitz class aircraft carriers, because we can

(Excerpt) Read more at prometheusinstitute.net ...


TOPICS:
KEYWORDS: bongbrigade; decriminalization; drugs; marijuana; weed
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To: tang0r
The math: $2.4 billion per year + $7.7 billion per year = $10.1 billion gained in total per year.

Not even a $1 is downside cost? I'm doubting the seriousness of this analysis...

21 posted on 04/20/2007 6:19:09 AM PDT by Onelifetogive (Liberals are willing to sacrifice any amount of someone else's money to increase their own power...)
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To: pnh102

Sometimes I wonder what I could have been had I not ‘wasted’ so much of my life tokin’, then swallowing, then dropping, and finally snortin’.

I might not have made the decision to go blow off college.


22 posted on 04/20/2007 6:19:46 AM PDT by uptoolate (If it sounds absurd, 51% chance it was sarcasm.)
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To: Former Proud Canadian

Are those fully equipped carriers?


23 posted on 04/20/2007 6:21:48 AM PDT by wordsofearnest (Zachary Taylor s/h finished the job.)
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To: tang0r
2 Minitz class aircraft carriers?...... For $10B? They must be really Mini-tz Class!..........
24 posted on 04/20/2007 6:22:42 AM PDT by Red Badger (If it's consensus, it's not science. If it's science, there's no need for consensus......)
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To: uptoolate

Unfortunately, what you were doing was illegal - so it forced you to have to be around some less than desirable people. They had a profit motive to get you hooked on harder stuff - & so it began.

It’s like:

Guns don’t kill people - people kill people.

Pot doesn’t make you lazy - laziness makes you lazy.


25 posted on 04/20/2007 6:23:09 AM PDT by alicewonders (I like Duncan Hunter for President in 2008!)
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To: freekitty
Will anyone be working a full brain capacity?

Nope. Everyone will run right out and get stoned. Except for the ones that are too drunk.

26 posted on 04/20/2007 6:23:16 AM PDT by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: wordsofearnest

No, they are the new Mini-tz Class carriers..............


27 posted on 04/20/2007 6:23:25 AM PDT by Red Badger (If it's consensus, it's not science. If it's science, there's no need for consensus......)
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To: tacticalogic
Nope. Everyone will run right out and get stoned. Except for the ones that are too drunk.

Or too full of Xanax, or Prozac, or Paxil, or Zoloft, or...

28 posted on 04/20/2007 6:24:22 AM PDT by Wormwood (Future Former Freeper)
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To: tang0r

uhh got a light, there, Promy?


29 posted on 04/20/2007 6:24:44 AM PDT by Syberyenta
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To: tang0r

More money well wasted by the government.


30 posted on 04/20/2007 6:24:48 AM PDT by bmwcyle ( Freep Fox they drop the ball on GOE)
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To: tang0r

I agree that pot should at least be decriminalized. But that kind of tax money from it is a pipe dream. It’s a weed, it can be grown almost anywhere.


31 posted on 04/20/2007 6:24:56 AM PDT by stevio ((NRA))
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To: freekitty

Will anyone be working a full brain capacity?......They don’t now!........


32 posted on 04/20/2007 6:25:20 AM PDT by Red Badger (If it's consensus, it's not science. If it's science, there's no need for consensus......)
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To: tang0r

uhh got a light, there, Promy?


33 posted on 04/20/2007 6:28:03 AM PDT by Syberyenta
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To: tang0r

Marijuana is not illegal just because we want to have a reason to arrest someone. It is illegal because it is harmful and dangerous to use.

Anyone calling for the legalization of marijuana is an idiot.


34 posted on 04/20/2007 6:36:58 AM PDT by Bryan24 (When in doubt, move to the right....)
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To: tang0r

“Jeffery A. Miron finds that by decriminalizing cannabis, the federal government would generate $2.4 billion in federal tax revenue annually,”

Why the hell would anyone pay high taxes on something they could legally grow at their from door step, especially when they’re too stoned to get a good job? More crappy work like this kind of “dopey” study is more likely what we could expect from decriminalization


35 posted on 04/20/2007 6:43:00 AM PDT by elfman2 (An army of amateurs doing the media's job.)
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To: bilhosty

you obviously know nothing about MJ. it is not addictive therefore no rehab. Increased crime comes with the other drugs like alcohol, NOT MJ. stop getting your MJ updates from the gov’t, they will lie to you.


36 posted on 04/20/2007 6:47:28 AM PDT by vin-one (REMEMBER the WTC !!!!!!!!)
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To: Bryan24
Anyone calling for the legalization of marijuana is an idiot.

Anyone who thinks it is more harmful than alcohol is an even bigger idiot.

-ccm

37 posted on 04/20/2007 6:49:43 AM PDT by ccmay (Too much Law; not enough Order.)
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To: tang0r
We could get even MORE tax dollars by taxing homosexual behavior, incest, prostitution, hate speech, fast food, twinkies, etc., etc.

If we legalize murder, legalize rape, legalize assault, etc., and tax them by eliminating all laws, we can eliminate income taxes, too.

/sarc

38 posted on 04/20/2007 6:50:43 AM PDT by traditional1
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To: Bryan24
How many people here know that it is illegal to study cannabis in the US for positive effects? You can only get approval to study for negative effects.
39 posted on 04/20/2007 6:51:44 AM PDT by phs3 (If you call a terrorist a freedom fighter, I call you the enemy.)
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To: tang0r

Does this nation really need another vice?


40 posted on 04/20/2007 6:59:22 AM PDT by Blogatron (I pitty the devil when hippies start arriving in bunches.)
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