This country could use a little boost in the economy. We would all benefit from that. The money could go towards getting this country in the debt that it is with China. There are many plans that this money could have. Marijuana being illegal is only making us spend more money.
Socially and culturally, California is a marijuana friendly state. By decree of national Government, California has been limited in expressing its natural born rights of freedom and expression. With the legalization of marijuana, California would benefit financially, almost immediately after implementing the initiative. The tax dollars being wasted to house, feed, and clothe the inmates of state and local prisons and jails, on inmates charged on petty and minor marijuana offences, could be used to lessen the deficit of debt. Marijuana could be governmentally taxed, and even the money they would lose to underground growers and buyers, would be more than they are spending to chase, apprehend, hold, feed, and house these ‘criminals’ today.
Pros, it can influence the economy by taxing it and generate billions; the con, no one could tell or know what society would react to such outcomes. For example, crime could possibly raise a lot more drug addicts on the streets, end result potential harm for young children. The world needs a change maybe not decriminalizing drugs or make them legal, the sentencing of possession should change to putting addicts into treatments/therapy. In other words they have a choice, jail time or therapy? Legalizing drugs in the state of California would help economy wise.
Matthew Redman Grade 11 Law CLU3M1-01 Should Marijuana Be Legalized? Marijuana like any other drug is harmful to a person’s body and should not be consumed. It isn’t nearly as bad as some of other drugs though, and some scientists believe that it is less harmful than fully legal alcohol. If Marijuana were to be legalized experts say that it would bring billions of dollars into our economy. It would end lots of drug crimes, and possibly stop major drug gang wars.
It no longer makes sense in this time to prohibit the use of this valuable commodity. The uses presented in this research are only a small cross section of the beneficial areas of legalization. Making marijuana legal will continue to reduce trafficking, taxpayer monies would be saved by not having to prosecute marijuana offenders, an economic boost would be achieved by taking advantage of hemp as a cash crop, and an entirely new treatment plan for many diseases could be opened up with legalization. Legalizing marijuana will help the American people as well as reduce trafficking to the United
To begin with, raising the tax will bring in more money to the government from since demand is inelastic for cigarettes and people will keep on buying them. The extra amount of income could be used to help the well being of the country and to provide more public goods. Also, cigarettes are a demerit good, a good which is considered unhealthy or damaging in some and can be physically harmful to the consumer and other surrounding, so when price increases, demand will fall. Even if it is a small fall in demand, it is most likely to be for the young smokers to demand since they have less income than adults. If more young smokers quit, the healthier the next generations will be since smoking is a main reason behind a lot of health issues including lung
This cost Pfizer $2.3 billion dollars. If Pfizer hadn’t off-labeled their drugs, a chance of making more of money would not have been presented (Torrey). Another way that the companies profit is by not taking the drug back into the lab to find out new uses for it since they have off-labeling to fall back on. Going back in the laboratory and doing further research costs a great deal of money that doesn’t need to be spent when you can say that the drug can be “used for a different treatment.” The practice of this is not right, playing guessing games with others lives so that you can reap the benefits of their recovery or their
The July 9, 2008 online edition of Salem-News features Tim King's story on a proposed law that would legalize the sale of marijuana purchased in liquor stores. The Oregon Cannabis Tax Act would make marijuana legal and available in a controled retail environment, much like the sale of liquor. Supporters of this proposed law claim that the legalization of marijuana in Oregon would generate millions of tax dollars, whoch could save the state's current unstable economy. They say it would lower the statess tax burden while generating revenue that would be used for drug abuse education and treatment programs. Another good point is that the legalization of marijuana in Oregon could re-establish the use of industrial hemp, which is a productive
Medicinal Marijuana: A Positive Viewpoint Traditionally, the effects of marijuana on human physiology have not been perceived as positive: impaired judgment, dizziness, and loss of motor skills commonly accompany the ‘high’ that cannabis gives its user. With overuse, hallucinations and endocrine disorders can occur. However, its adverse effects on the body should not be mistaken for total uselessness to the medical community. Some of its uses, which will be discussed below, include treatment for glaucoma, cancer, multiple sclerosis, and symptoms of AIDS. Alongside the documented scientific uses of marijuana, the grassroots movement for its legalization as a medical treatment is entrenched in politics that, some say, have no place in science.