and make more money to help America get out of debt. Mar 21, 2017, the number of people pointing out to the numerous reasons why marijuana should be legal is growing daily. Marijuana being illegal increases the value. Figure 2: Increase in Marijuana Tax. (top ten reasons). Economic Impact Of Marijuana Legalization Economics Essay Internet.
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Initiatives that over 87, 2013 this article 5 reasons why gay marriage should not marijuana is some reasons Here given is a professionally written academic essay example on the issue of legalization of marijuana. An economist named Stephen. There many reasons for it to be legalized such as America prospering from the legalization, fewer transitions to hard drugs, and a lower crime rate.
A great deal of tax payer money goes into catching those who buy or sell illegal drugs on the black market, prosecuting them in court, and housing them in jail. Amendment 64 would produce 60 million in new revenue and savings for Colorado, by Christopher Stiffler, presents a systematic approach to how the government will benefit from the passing of the amendment. From the creation of new job opportunities, to the abundant new supply easy research paper methodology section of revenue, and even the savings incurred from removing prohibition, it is clear that the economic impact created by the legalization of marijuana is beneficial to us all. Consumers will no longer have to pay such a high price resulting in an increase in their available funds that they can invest, putting money directly back into the economy. Vref1 titleEconomic Impact Of Marijuana Legalization Economics Essay m dateNovember 2013 accessdate locationNottingham, UK Reference Copied to Clipboard. The article also analyses how harder drugs deliver a lesser punishment than more minor drugs and how drug laws in the past have done little to permanently curb drug use.
This statement is very true. M states We would have more money to spend on more important problems if marijuana were legal. These new investment opportunities encourage investors to feed into the economy and stimulate the free market. Cite This Work To export a reference to this article please select a referencing stye below: Essays,. The newly legalized marijuana market also creates investment opportunities. Multiplying these figures yields a result of more than 290 million spent annually on jailing inmates, at the federal level, who were caught with marijuana. Marijuana consumers are treated much more harshly than alcohol and tobacco users. From the consumers perspective, the legalization of marijuana could mean lower prices.
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