View Single Post
  #108 (permalink)  
Old 07-02-2009
reality reality is offline
Joint Chiefs of Staff Member

 
Member Since: Dec 2008
Location: Texas
Posts: 1,817

   
Re: California just lost another 8 billion due to 'recession'

Quote:
Originally Posted by Marcus1124 View Post
You don't have a clue what you are talking about, even if legal, revenue from taxes on currently illegal drugs would be a mere fraction of what we currently collect in direct income taxes.
welllllllll i wouldn't go quite so far.

pot taxed at the rate of tobacco or booze comes out to about $90 billion nationwide in saved revenue and taxed income. and pots the cheapest of the bunch of recreational drugs. that is not an insignificant amount of money by any means. It wouldn't replace normal income tax, but it would help alot.
Reply With Quote