Legalizing And Taxing Of Marijuana Essay

767 words - 4 pages

Legalizing and Taxing marijuana has its ups and its downs. The United States federal government makes cannabis illegal to sell and own. Many States now are legalizing the selling of marijuana and owning of it even though Federal Law makes it illegal but State and Federal government are separate. Taxing marijuana would be a huge revenue producer for taxpayers. You can tax it as much as you want.
When its comes to taxing marijuana the state can have any tax they want on it. States can profit millions of dollars off this tax. The tax is about 13 percent in colorado on weed. When legalized in colorado in january alone it made roughly 2 million dollars in taxes. This presents a huge ...view middle of the document...

Medical marijuana is currently legal in 16 states and a poll took showed that 51 percent of people think alcohol is more dangerous than marijuana. The states that legalize the use of this marijuana will make millions in taxes. On top of that the taxes in marijuana sales are much more than alcohol, and projected to rise. The state Department of Revenue reported $39.9 million in revenue from sales of alcohol in 2013 averaging to $3.3 million per month. “Factoring in state revenue from medical marijuana sales in Colorado this January, the entire marijuana industry total was $3.5 million, which means marijuana has already brought more revenue to the state in its first month than the monthly average for sales of alcohol.” (W. E. Messamore).
Legalizing Marijuana in Minnesota is a huge possibility. Just recently bill is legislation gotten its first steps towards legalization. The proposed legislation would give patients the option of buying marijuana from a state-licensed dispensary or of growing their own plants under lock and key in their own homes. The bill is modeled on similar programs in other states, including Michigan, which legalized medical marijuana in 2008. LE. Legalizing weed in one state will start the...

Find Another Essay On Legalizing and Taxing of marijuana

Benefits of Legalizing Marijuana Essay

1769 words - 7 pages Benefits of Legalizing Marijuana Every year, 400,000 Americans die of complications caused by tobacco products. Smoking kills more Americans each year than alcohol, crack, heroin, murder, suicide, car accidents, fires, and AIDS all put together. Every week, eight children under the age of eighteen die from alcohol related crashes. Alcohol abuse contributes to almost 50% of all traffic accidents, suicides, and homicides. However, despite

Effects of Legalizing Marijuana Essay

952 words - 4 pages It has come to my attention a very specific topic I would like to discuss. Many states have appealed to the use of medicinal marijuana, but I think it is time to broaden the spectrum nationally. With states like California with medicinal marijuana legal, many of the patients who need it and benefiting greatly. We can even further it to legalizing recreational and industrial use nationally. The amount of taxes being collected will far surpass

Controversy of Legalizing Marijuana

4569 words - 18 pages Controversy of Legalizing Marijuana America is the land of the free and the foundation of democracy. This countries foundation is based on the fact that an individual can enjoy freedom from oppression and the minority's opinions can be heard along with the majority's. Our government is designed to be fair and open minded, to be a servant to the people it governs. Unfortunately once an opinion is placed into the collective mind of society

The Benefits of Legalizing Marijuana

1019 words - 4 pages The Topic of Legalizing Marijuana has been a very conversational argumentative issue in the American society; moreover in the American politics today. There are many good arguments on why Marijuana should be Legalize and my argument is based on facts and supporting details to prove why Marijuana should be legalize. The Legalization of Marijuana would be profitable to our government and economy, according to Evan Wood who is the founder of the

The Economic, Medical and Industrial Benefits of Legalizing Marijuana

1717 words - 7 pages The Economic, Medical and Industrial Benefits of Legalizing Marijuana Marijuana is the dried flower clusters and leaves of the hemp plant when taken to induce euphoria. Marijuana has been in existence for centuries even Magellan spoke of it during his trip to India. In his log he spoke of a plant that you smoked that made a man drunk without drinking. Marijuana would be beneficial if legalized because it would bring in extra money, it has

The Benefits of Legalizing Marijuana

1135 words - 5 pages behind starting this club was to distribute weed to AIDS, cancer and other patients. With only a doctors note the clubs 12,000 members could buy pot and then relax while listening to music. The San Francisco police department eventually closed the club down. And while not officially legalizing marijuana, a 1996 law allowed the Dutch government to create a set of guidelines under which coffee shops could sell marijuana without the fear of criminal

The Benefits of Legalizing Marijuana

1893 words - 8 pages of anxiety, depression and schizophrenia. Chronic use could also be a marker for other mental health issues (NIDA). Now that you know the basic facts of marijuana lets dive into some of the benefits and not so terrific effects of legalizing marijuana. Legalizing marijuana has both pros and cons, but which position should you take on this issue? You have the freedom to choose whatever position you would like to take, but before you do that listen

The Benefit of Legalizing Marijuana

1450 words - 6 pages legalization of marijuana is the financial benefits that would result from it. The Federal Government would control and regulate the marijuana, which would all but eliminate the dangerous trafficking from foreign countries. Thus we would save billions annually on marijuana control (Earleywine 272). Crime rates would undoubtedly drop andadolescents would have less of an opportunity to access or distribute marijuana. Legalizing marijuana would also

The Advantages of Legalizing Marijuana

1554 words - 6 pages . However, marijuana is one of the most misunderstood drugs on the market. Keeping it illegal just causes more problems. Fully legalizing marijuana, while making sure it is controlled with limitations much like alcohol and tobacco, would boost our economy, bring in more jobs, and medically help many people. Even with the inevitable negatives that come with the legalization, it is definitely safe to say that the positives outweigh those negatives. The

The Benefits of Legalizing Marijuana

909 words - 4 pages seconds in America. Legalization would mean a lower price, due to production, transportation, and sale of the drugs carry heavy risk give drugs a higher price, thus related crimes such as theft would be reduce. Police and court resources would be freed up for more serious crimes. Also, legalizing marijuana would not only save thousands of dollars, but it would also create another income stream for the government in terms of taxes, increasing

The Benefits of Legalizing Marijuana - 1875 words

1875 words - 8 pages blame of heavy drug users onto this harmless plant. To this day, I have not heard an intelligent argument against the legalization and regulation of cannabis that cannot be quickly dismissed or refuted. The public has gotten it into their heads that legalizing marijuana is the same as condoning it, which it is not. One doesn’t have to condone the smoking of marijuana to vote for its legalization. Marijuana is a profit maker, pain reliever and helps many civilians. I hope one day other state will legalize marijuana just as ours did.

Similar Essays

The Debate Over Legalizing And Taxing Marijuana

941 words - 4 pages "If the words ‘life, liberty and the pursuit of happiness’ don't include the right to experiment with your own consciousness, then the Declaration of Independence isn't worth the hemp it was written on." Terence McKenna stated that. Even though legalizing and taxing Marijuana will cause a few problems, raise wages, and some cause more DUI’s and/or accidents there is many benefits as well. I am on the side of legalizing marijuana for many

Legalizing The Possession And Use Of Marijuana

2857 words - 11 pages SCHNEIDER PAGE \* MERGEFORMAT 1 Legalizing the Possession and Use of MarijuanaChris SchneiderSaginaw Valley State UniversityProf. JaksaCJ 3013/2/10Whether or not to legalize the use of the popular Marijuana plant has been an issue up for debate for many years. As time goes on, the use of this substance is becoming more and more accepted. Research has found that it may aid in therapeutic ways for patients, gaining respect with the medical world

Legalizing Of Marijuana Essay

1936 words - 8 pages with your tax money." (Husak 25) The topic on prisons will come up again as well but that's for later. People that support the cause feel that legalizing marijuana would help bring America out of its economic struggle. The government can regulate the drug in the states by taxing the drug and distributing it for consumption. Marijuana if legalized, would become a product for anyone to purchase to the guidelines that the government or state sets

Benefits Of Legalizing Marijuana Essay

1252 words - 5 pages . Making a whole new line of work in America can lead to helping the unemployment crisis in America. This will lower poverty in America. America can now create all new factories and farms. America will need to provide workers for the factories and farmers to grow the new medication. In contrast to my argument, many people disagree that there are positive effects of legalizing marijuana. Americans are afraid to try the different treatments and