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Legalizing marijuana (and alcohol) as a panacea for the taxpayer

Daniel Okrent puts into historical perspective the argument that legalizing marijuana would provide vast revenue that could save the taxpayer from the alternative of government deficits or new taxes.  He looks at the false hope of DuPont and other conservatives who imagined that the repeal of alcohol prohibition would provide enough tax revenue to permit the repeal of the federal income tax.  For more, see here.

Posted by David Fahey on June 12, 2010 at 05:15 PM in Alcohol (general), Cannabis, Prohibition | Permalink