Free Republic

Executive Summary Government prohibition of marijuana is the subject of ongoing debate. One issue in this debate is the effect of marijuana prohibition on government budgets. Prohibition entails direct enforcement costs and prevents taxation of marijuana production and sale. This report examines the budgetary implications of legalizing marijuana – taxing and regulating it like other goods – in all fifty states and at the federal level. The report estimates that legalizing marijuana would save $7.7 billion per year in government expenditure on enforcement of prohibition. $5.3 billion of this savings would accrue to state and local governments, while $2.4 billion...

MOORPARK, Calif.--(BUSINESS WIRE)--Aug. 15, 2005--"Enough is enough!" said Delores Taylor, alongside her husband, Tom Laughlin (Billy Jack). The quintessential activist heroine and hero of the 1970's are back with a vengeance. They are determined to end the war in Iraq, by restoring America to her moral purpose, before subway terrorists possess nuclear weapons in suitcases. To reveal this new exciting exit plan, Laughlin will be holding a press conference at Peace House located at 9142 5th Street, Crawford, Texas, on Thursday, August 18, 2005 at 1 p.m. (CT). "This plan is a win/win situation for the Iraqi people, and especially...