Marijuana
ABSTRACT
Governments across the world are facing the same issue when we talk about marijuana. These various issues can be summarized into two main points which are firstly, decriminalization of marijuana and secondly, taxing of this drug, which in turn could solve the financial crisis faced by the governments. In this paper I have given my view and also have tried to establish how taxing of marijuana could help us.
INTRODUCTION
Justice has a price. Federal and state governments together spend more than $200 billion annually on criminal justice . Over the past few decades, these expenditures have increased due to the adoption of aggressive new anti-crime policies, including three strikes sentencing laws and expanded criminal liability in the United States. Fiscally, the governments have never faced such an issue. The only way to tackle such a problem is to tax marijuana. “A tax on total dollars spent on marijuana will allow for a balance on all three goals of legalization and regulation – minimizing consumption and eliminating the black market under a tax system which otherwise maximizes revenue to the state.”
This paper deals with the economic aspects of legalization of marijuana and tries to establish that legalization will satisfy the system, fiscally also. I’m using the model of United States of America to prove my thesis. This model can implemented anywhere in the world.
BRIEF HISTORY
For almost 40 years, the United States has waged a war on its own citizens who have used marijuana as a part of a drug culture originally encouraged by the government. The war was commenced despite the government’s own findings that marijuana posed less of a risk to American society than alcohol, and that the greatest harm that would result from criminalization would be the injury caused to those arrested for possession and use. The harm caused by the war extends
Governments across the world are facing the same issue when we talk about marijuana. These various issues can be summarized into two main points which are firstly, decriminalization of marijuana and secondly, taxing of this drug, which in turn could solve the financial crisis faced by the governments. In this paper I have given my view and also have tried to establish how taxing of marijuana could help us.
INTRODUCTION
Justice has a price. Federal and state governments together spend more than $200 billion annually on criminal justice . Over the past few decades, these expenditures have increased due to the adoption of aggressive new anti-crime policies, including three strikes sentencing laws and expanded criminal liability in the United States. Fiscally, the governments have never faced such an issue. The only way to tackle such a problem is to tax marijuana. “A tax on total dollars spent on marijuana will allow for a balance on all three goals of legalization and regulation – minimizing consumption and eliminating the black market under a tax system which otherwise maximizes revenue to the state.”
This paper deals with the economic aspects of legalization of marijuana and tries to establish that legalization will satisfy the system, fiscally also. I’m using the model of United States of America to prove my thesis. This model can implemented anywhere in the world.
BRIEF HISTORY
For almost 40 years, the United States has waged a war on its own citizens who have used marijuana as a part of a drug culture originally encouraged by the government. The war was commenced despite the government’s own findings that marijuana posed less of a risk to American society than alcohol, and that the greatest harm that would result from criminalization would be the injury caused to those arrested for possession and use. The harm caused by the war extends