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Friday, February 15, 2019

The Financial Benefits of Legalizing Marijuana Essay -- Argumentative

For over a century, hemp has been illegal in the United States and in a lot of cases it remains forbidden because it has been prohibited for so long. Laws in California and carbon monoxide are currently common in the media because they are legalizing and taxing marijuana production and distribution. After adding gross revenue and excise taxes to the sales price in these states, consumers are purchasing marijuana legally for a lower price than its inkiness market price. taxation gained from taxes in these states is being put towards much(prenominal) things as education and enactment of the substance. The responsible disbursing of marijuana tax is being exemplified in California and Colorado. Be that as it may, people continue to argue against legalizing and taxing marijuana for such reasons as its negative health effects, the ability of individuals to evade taxes on cannabis, and its legalization spreading to other states. Those opposed to changing marijuana laws stand househ old in their beliefs that spending tax dollars on incarcerating and policing marijuana users and distributors is beneficial to society. In turn, the current state of affairs remains unchanged, funneling billions of untaxed dollars in to the black market each year. If marijuana were legalized, the black market would see no other outcome than losing that capital to its competitor, state governing bodys and hopefully the federal government as well. The theory that collecting taxes on marijuana, otherwise purchased untaxed by means of the black market, boosts state economies more than spending tax revenues on policing it as an illegal substance is a difficult theory to disprove.Although policing and incarcerating marijuana-related criminals certainly be the government more than generating tax ... ...ues-u-s-government-to-stop-harborside-medical-marijuana-seizures/Oldham, J. (2013, November 4). Marijuana Vote in Colorado Weighs 25% revenue. In Bloomberg Personal Finance. Retrieved November 15, 2014, from http//www.bloomberg.com/ intelligence activity/2013-11-05/marijuana-vote-in-colorado-weighs-25-tax-for-recreation.htmlPassie, T., Emrich, H. M., Karst, M., Brandt, S. D., and Halpern, J. H. (2012, June 26). Mitigation of post-traumatic stress symptoms by Cannabis resin a review of the clinical and neurobiological evidence. In US National Library of Medicine National Institutes of Health. Retrieved November 15, 2014, from http//www.ncbi.nlm.nih.gov/pubmed/22736575Woo, S. (2009, April 30). Oakland Council Backs a Tax on Marijuana. In The Wall Street Journal Politics and Policy. Retrieved November 15, 2014, from http//online.wsj.com/news/articles/SB124105239168771233

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