Legalize Marijuana Poster
Save $17.4 billion per year. Legalize.
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About this poster:
In a September 2010 paper for the libertarian think tank the Cato Institute, economists Jeffrey A. Miron (MIT, Boston University, Harvard) and Katherine Waldock (New York University) estimated that the legalization of marijuana would save government $8.7 billion annually. This is money that could be spent elsewhere or money that could remain in the wallets of the taxpayer. Additionally, if taxed at rates similar to those of tobacco and alcohol, they estimate that legalization of marijuana would generate $8.7 billion in annual revenue.
Personally, I do not use this drug, and I believe that many who do use it in error. I see it as a gigantic waste of time and a killer of initiative. Hundreds of hours are spent getting stoned and hanging out, and those hours aren't spent creating or learning something. However, people should be free to make there own decisions, even if they are poor ones. In this instance, the only person they are directly hurting is themselves, and taxpayer money should not be spent on preventing people from harming themselves. This task should be performed privately, and charities and religious institutions are available to help people combat such vice.