Wednesday, April 18, 2012

Pot legalization Could Save U.S. $13.7 Billion Per Year, 300 Economists Say

Source : SFGate

Legalizing cannabis could save US taxpayers as much as 13.7 billion per year, becoming more effective than the Buffett rule.

Oakland, CA (PRWEB) April 18, 2012 

Thepuffingtonhost.com covers a recent report discussing the potential savings to the US if they were to abolish their prohibition on marijuana in this country: In our post titled "Pot legalization could save U.S. $13.7 billion per year, 300 economists say" covered by The Huffington Post discusses the economics behind the war on drugs.
"More than 300 economists, including three nobel laureates, have signed a petition calling attention to the findings of a paper by Harvard economist Jeffrey Miron, which suggests that if the government legalized marijuana it would save $7.7 billion annually by not having to enforce the current prohibition on the drug. The report added that legalization would save an additional $6 billion per year if the government taxed marijuana at rates similar to alcohol and tobacco." claims the report.

One economist reports that the numbers may be even more significant than reported here: "Economist Stephen Easton wrote in Businessweek that the financial benefits of pot legalization may be even bigger than Miron's findings estimate. Based on the amount of money he thinks it would take to produce and market legal marijuana, combined with an estimate of marijuana consumers, Eatson guesses that legalizing the drug could bring in $45 to $100 billion per year. Easton's name doesn't appear on the petition." claims the article.
Read more about it here: The Economics of Prohibition

Stay up-to-date on the latest cannabis headlines, the Puff's own comic "Puff, Puff & Pass", and the latest celebrity pot news direct from celebstoner.com.

For media inquiries please email:
contact(at)thepuffingtonhost(dot)com
ThePuffingtonHost.com
For the original version on PRWeb visit: www.prweb.com/releases/prweb2012/4/prweb9414694.htm

Hemp Clothing & Accessories 
 
Hemp is used for a wide variety of purposes including the manufacture of cordage of varying tensile strength, and very durable clothing.

Hand Bags, pants, wallets skirts, shoes, socks, shirts, you name it! For woman, babies, and men.
Earth Divas FT-24-M Children's Slippers - TigerEarth Divas FT-26-S Children's Slippers - BearHemp Twill Tote Bag; Navy Blue
Earth Divas FT-24-M Children's Slippers - T...
$15.99
Earth Divas FT-26-S Children's Slippers - B...
$15.99
Hemp Twill Tote Bag; Navy Blue
$12.00
Ecolution Hemp Fabric The Day Hiker 2 1/2 X 5 X 7 1/2, Acorn with Oasis Trim (Waterproof) Shoulder BagEarth Divas NFP-14-308-3 Green & Brown Hemp Clasp Closures Document Large Bag4:20 Embroidered Fabric Keychain (Pot, Weed, Marijuana, Hemp, Dope, Grass, 420)
Ecolution Hemp Fabric The Day Hiker 2 1/2 X...
$30.50
Earth Divas NFP-14-308-3 Green & Brown ...
$53.99
4:20 Embroidered Fabric Keychain (Pot, Weed...
$2.99
Me in Mind Cruiser Slip-On Moccasin  (Infant/Toddler)Earth Divas NFP-14-411-6 Natural Hemp Fabric Black Drag Passport BagEarth Divas NFP-14-418 Deluxe Hemp Fabric Adjustable Strap Passport Bag
Me in Mind Cruiser Slip-On Moccasin (Infan...
$22.00
Earth Divas NFP-14-411-6 Natural Hemp Fabri...
Earth Divas NFP-14-418 Deluxe Hemp Fabric A...
$23.99
< < Previous   1   2   3   4   5   6   7   Next > >

1 comment:

  1. BlueHost is ultimately the best hosting provider with plans for all of your hosting requirements.

    ReplyDelete