Marijuana is most commonly used drug in United States. Although in 1970’s pot was listed to be more harmful than cocaine and meth, I believe in legalizing marijuana because in the next ten years marijuana is going to open up more jobs opportunities; marijuana has helped significantly, with different medical problems. And we need to raise more tax revenue from marijuana to help our economy. Marijuana is the future. Once this is legalized is a garneted solution in solving the nation’s debt and many other problems. I think legalizing marijuana will lower the crime rate By the next ten years marijuana is going to be the biggest industry in the world and this product will take tobacco and alcohol off the market. Once the government legalized it, …show more content…
Taxing as well is a large portion of economic funding basically any money that is earned in each house hold is then then same amount of money that travels back to the economy. The average trade of marijuana is estimated at $113 billion, which is about $45 billion in taxes yearly the government throws away at least $1 trillion dollars trying to find suspects sellers and users of marijuana in legalized states. Also the government would save about $6 billion per year if they taxed marijuana just like alcohol and tobacco which is about $13.7 billion per year. Washington placed a 25% tax on marijuana and Colorado, 15% tax and a 10% sales tax on marijuana. “These percentages are expected to raise hundreds of millions of dollars in revenue for each state, including a projected $500 million for Washington alone by 2015.” Also, five states (California, Tennessee, Kentucky, Hawaii and Washington) had marijuana crops worth over $1billion, which is worth more than our national soybean and wheat crops combined Colorado brought in more than $40 million in marijuana taxes. Colorado also has seen an economic boost since legalization it is ranked as one of the fastest growing economies. Marijuana user could see huge saving due to marijuana legalization, as prices could fall up to 100 times. Ober all legalizing marijuana can save the U.S up to $14 billion dollars a year and drastically