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Monday, 05/16/2016 6:09:45 PM

Monday, May 16, 2016 6:09:45 PM

Post# of 12998
The marijuana industry could generate up to $28 billion in tax revenues for federal, state, and local governments if Uncle Sam legalized cannabis, according to a report from the nonprofit Tax Foundation.

The conservative-leaning organization estimates revenues would include $7 billion for federal coffers, $5.5 billion in business taxes, and $1.5 billion in income and payroll taxes.

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