Lost Marijuana Taxes by State
Today is chart day! The guys at Slosh Spot estimate Texas would take in $46 million if it taxed marijuana. Where they got that figure, I do not know. Texas collected $784 million in alcohol taxes in 1008.
14 Comments to “Lost Marijuana Taxes by State”
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Does anyone know how much the state receives in fees due to the felonies associated with said cannabis “commodities?” Let’s go with whichever brings in more money. I need the state’s funds to be as plush as possible when I check in to that state-funded nursing facility sixty years from now.
It’s always struck me as particularly funny that conservatives and libertarians trot this out as a reason to legalize marijuana. It’s not often you hear them so eager to hand over their money to the government and demand regulation, apparently catching a buzz and watching Family Guy trumps freedom from big government.
…interesting figures we have here.
End prohibition.
@Doug
I think regulation is far less intrusive than prohibition and the over-policing and billions of waste that go along with the governments failing “war” on drugs.
There is something very wrong about those statistics about pot vs. violent crime. Killers and rapists are wandering the streets while stoners rot in jail? This is helping what, exactly?
Doug,
So The War on Drugs, originally created and embraced by conservatives (although zealously prosecuted bt Dem and Repub alike) is not government intervention? Would you also prefer Prohibition to the vagaries of the TABC?
Get a clue, sir.
I find it a little surprising that Colorado isn’t in listed in the top ten.
Get a clue? Ok, if marijuana was made legal tomorrow with the same rules as alcohol, it still wouldn’t be legal for everyone. Which means you’d still have plenty of law enforcement involved and plenty of people in jail. And now that you’ve ceded control of it to government you’ll also have multiple government agencies deciding when and where it’s produced and distributed. And on top of all that you’ve given government the power to tax it as they please and use your monies to expand it’s power as it always does. Not to mention all the other drugs that would still be illegal.
So you want to legalize pot? Fine, but saying it would lessen government intervention is nonsense.
I didn’t realize Texas existed in 1008.
I didn’t say it would lessen it per se. It wouldn’t increase it. It would also make a serious dent in the livelihood of truly evil drug cartels, but that’s another story. Guess we can just keep throwing a few billion at the Mexican government every so often … they can go buy themselves something nice with it.
P.S. I find it odd that you don’t consider illegalizing a substance to be, in effect, the most severe possible form of “regulation” — because that’s what it is, on its face; and while I can understand why you consider the government making money to be a bad thing, I can’t fathom how their losing money, throwing good money after bad, so to speak, is somehow a sounder state of affairs.
The War on Drugs is a failure, a bipartisan boondoggle of mammoth proportions, and the fact is, even mainstream conservatives have woken up to it. And no, that doesn’t mean I think the solution is easy, but in the case of pot, it’s pretty damn easy.
huh? somebody something? what?
Legalizing the manufacturing, distribution and sale of marijuana only provides the FDA ample opportunity to screw up another product hitting the shelves, much like current day tobacco sales, medication, etc. Yes, it has a significant value in terms of financial gain via tax $$$, however I think it will take the attention off bigger issues that need far more attention.