A coalition of California marijuana growers and dealers has
offered Governor Arnold Schwarzenegger one billion dollars to solve the
current state budget crisis. According to economic studies, regulation and
taxation of marijuana could produce six billion dollars in additional tax
revenue. "Marijuana legalization is inevitable," Schaffer says.
A coalition of California marijuana growers and
dealers has offered Governor Arnold Schwarzenegger one billion dollars to
solve the current state budget crisis. The group, calling itself Let Us Pay
Taxes makes the offer through its web site
LetUsPayTaxes.com. The
offer comes at a time when the California legislature is deadlocked on a new
budget and California has stopped issuing checks for vitally needed social
services. Legislators are currently arguing over which programs will be cut in
order to balance the budget. Regulation and taxation of marijuana could produce
six billion dollars in additional tax revenue, according to economic studies
linked from their web site LetUsPayTaxes.com. In addition, it could save up to
ten billion dollars in enforcement costs.
