Higher Revenue (Cont.)

I’ve written before on California’s budget problems and the lure of revenue from legalizing, and then taxing, the sale of marijuana.  That posting has turned out to be a bit prescient, because a committee of the California General Assembly has now approved a bill to legalize and tax the sale of marijuana.  Interestingly, the proposal is that the revenue from the “fee” of $50 per ounce would be used, in part, to fund drug eradication and drug awareness efforts.

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