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The Budgetary Implications of Marijuana Prohibition
Harvard University ^ | June 2005 | Jeffrey A. Miron

Posted on 04/24/2006 12:33:31 PM PDT by davesdude

click here to read article


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I have only posted the executive summary, but please take a look at this report, which is quite complete and interesting on the economical side...

Now if you tell me this article is not credible because it was posted on a site from the MPP, please throw yourself off a bridge...Because :

"Chief among the endorsing economists are three Nobel Laureates in economics: Dr. Milton Friedman of the Hoover Institute, Dr. George Akerlof of the University of California at Berkeley, and Dr. Vernon Smith of George Mason University."

Any thoughts on it? and i apologize if it was already posted somewhere...

1 posted on 04/24/2006 12:33:36 PM PDT by davesdude
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To: davesdude

It would be economical. Moreso if we include all manner of drugs... cocaine and heroin, amphetamines, barbituates,and derivatives thereof, and synthetics as well. And we can even LOWER the ages for consumption, dugs, alcohol, tobacco..... /slight sarc


2 posted on 04/24/2006 12:39:20 PM PDT by theDentist (Qwerty ergo typo : I type, therefore I misspelll.)
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To: davesdude
The report also estimates that marijuana legalization would yield tax revenue of $2.4 billion annually if marijuana were taxed like all other goods

Why would it be taxed like other goods (say candy or batteries) and not like alcohol and tobacco?

Don't want to see the DEA move under the ATF?

How much would enforcement of "over 18/21" sales restrictions cost? How much do they cost for tobacco and alcohol today? Or should marijuana be exempt from age restrictions?

3 posted on 04/24/2006 12:40:03 PM PDT by weegee ("CBS NEWS? Is that show still on?" - freedomson)
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To: davesdude
In other news,
- Surrendering to the Islamofacists would save $400 billion a year, which is now being wasted on the military.
4 posted on 04/24/2006 12:40:19 PM PDT by SampleMan
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To: davesdude

Get ready for a lot of very un-serious replies as well as a lot of dope smoking jokes.


5 posted on 04/24/2006 12:40:21 PM PDT by rhombus
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To: davesdude
"...$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 would accrue to the federal government."

Chump change.

Hells bells, they can get 30x that from Big Tobacco, and did a few years ago.

Pass the bong, dd.

6 posted on 04/24/2006 12:42:38 PM PDT by butternut_squash_bisque (The recipe's at my FR HomePage)
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To: theDentist

If we would follow the example set by illegal immigration (which we are told is a labor force circumventing laws establishing a minimum wage) and accept it for the benefits it offers our economy (cheap labor in the case of illegal immigration) we WOULD do away with sales restrictions of alcohol and tobacco to minors since they would be contributing to tax revenues (as well as bartender salaries).


7 posted on 04/24/2006 12:42:50 PM PDT by weegee ("CBS NEWS? Is that show still on?" - freedomson)
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To: davesdude

Finally a tax I can support! :)


8 posted on 04/24/2006 12:42:56 PM PDT by mlc9852
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To: SampleMan

Good comparison.


9 posted on 04/24/2006 12:43:41 PM PDT by mlc9852
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To: rhombus
Get ready for a lot of very un-serious replies as well as a lot of dope smoking jokes.

Not at all. I think its unfair to make fun of pot heads when they are trying to make a logical argument. Simply listening to them compose their thoughts is funny enough.

10 posted on 04/24/2006 12:44:26 PM PDT by SampleMan
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To: davesdude

Wow.

Perhaps sanity is starting to take hold.


11 posted on 04/24/2006 12:45:13 PM PDT by roaddog727 (eludium PU36 explosive space modulator)
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To: davesdude
" i apologize if it was already posted somewhere..."

Do not apologize. It is a sign of weakness. [JW]

12 posted on 04/24/2006 12:47:40 PM PDT by verity (The MSM is comprised of useless eaters)
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To: davesdude

Smoke Dope For Our National Security!


13 posted on 04/24/2006 12:49:01 PM PDT by wolfcreek
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To: theDentist

Tell you what: get rid of all socialized medicine first, so that I don't have to pay these druggies' rehab costs, THEN we can talk about allowing dope to flow like water. Maybe.


14 posted on 04/24/2006 12:51:08 PM PDT by Gordongekko909 (I know. Let's cut his WHOLE BODY off.)
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To: theDentist

Are you being serious thinking this?


15 posted on 04/24/2006 12:52:32 PM PDT by davesdude (Don't criticize what you don't understand)
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To: butternut_squash_bisque

A net $14billion a year would not be a bad thing.

How much is the federal deficit?


16 posted on 04/24/2006 12:52:45 PM PDT by MeanWestTexan (Many at FR would respond to Christ "Darn right, I'll cast the first stone!")
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To: davesdude

Fortunately or unfortunately as you view it, discussions of drugs at FR and among Republicans are among the most ignorant discussions. Rockefeller type drug laws have proven their ineffectuveness over the years, and simple primary school education has proved the most effective.


17 posted on 04/24/2006 12:53:13 PM PDT by ez ("Abashed the devil stood and felt how awful goodness is." - Milton)
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To: Gordongekko909
Tell you what: get rid of all socialized medicine first,

Wha?

18 posted on 04/24/2006 12:54:59 PM PDT by subterfuge (Call me a Jingoist, I don't care...)
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To: weegee

did you read the whole thing there? it says any other goods but meaning any other regulated goods...do you really think your government would let drugs being regulated the same way than batteries??? WTF! Also consider it's the laureate of a nobel prize who wrote the article...Do you think he's retarted? Common, i'm trying to have a serious discussion about serious matter...


19 posted on 04/24/2006 12:55:04 PM PDT by davesdude (Don't criticize what you don't understand)
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To: ez

I'm curious as to what I am ignorant of. And if you tell me, and I say I've heard it before, am I still ignorant because I don't agree with you?


20 posted on 04/24/2006 12:55:52 PM PDT by SampleMan
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