Sunday, July 24, 2022 10:15:21 AM
Schumer's bill proposes federal taxes 12.5% (small producers) - 25% (big producers).
That would be 10-17.5 billion a year (best case scenario).
US spends 40 billion USD for cannabis prohibition a year.
So, just by not enforcing the idiotic prohibition on a plant, US would save 2-4x more than they'd get on taxes (in a best case scenario), every year. And that doesn't include spending tax money on prisoners and the rest of the expenses that put that number even higher than it is.
Is Legal Pot Crippling Mexican Drug Trafficking
Organizations? The Effect of Medical Marijuana Laws on
US Crime
"Crime has decreased by 13 percent on average in the states that border Mexico since approving marijuana for medical use alone."
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM