As most of us know, marijuana was legalized in Colorado last year, but as of last night, it broken even further grounds as 65% of voters agreed to a 15% excise tax that will help support school construction and a 10% sales tax for law enforcement purposes. While some argued that it was unfair to give marijuana a higher tax than other products such as tobacco and beer, it seems that a surprising majority disagrees. This agreement on taxation will ultimately benefit Colorado as it is expected to bring in nearly 70 million dollars in state tax revenue next year.
While legalizing marijuana is one of the many controversial issues today in politics, it is hard to argue the perks that have been presented through Colorado. Taking the money from under-the-law drug dealers and putting it into the pocket of the government could be very beneficial as the country struggles economically. While some argued that it doesn't deserve this taxation, there is absolutely no other way for it to become legalized. The government is not going to agree to legalize such a controversial drug unless it proves beneficial to society in some way.
http://www.cnn.com/2013/11/04/politics/2013-ballot-measures/index.html?hpt=po_c1
I agree with you that legalizing marijuana could actually benefit society. Legalizing marijuana is a very controversial issue but it could really benefit the state governments with new tax laws. This will provide much needed funds that the states desperately need.
ReplyDeleteI agree with that legalizing marijuana could help the economy . The only problem is big though because it really split between two sides. It could help the united states but also break down the united states. Good ways it help is could cut down on crime, and we could easily tax it to bring in money.
ReplyDeleteWhile I will agree that legalizing marijuana could help the economy, the problems that legalizing marijuana nationally will cause, will cause it to not end up being worth it. The first and major problem is public support for legalizing marijuana and the conflict that legalizing it will cause. The second issue is that law enforcement officials can not test for the presence of marijuana in the body like they can for alcohol on the spot if someone is thought to be driving under the influence. The last problem is that too many people will grow their own marijuana and this self-growing will really cut into the government's profit off the marijuana being legal.
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