So, whassup with marijuana legalization?
Things seem to be moving pretty slowly.
Legal Pot Means More Money for States, Less for Gangs
http://www.nationofchange.org/legal-pot-means-more-money-states-less-gangs-1367678634
The good things that should happen after marijuana is legalized are happening in Colorado. In November, voters in Colorado — and Washington state — legalized pot for recreational use. (Many states allow medical use of marijuana.)
What are the good things?
For starters, money, money, money for the state coffers. As of last week, lawmakers in Denver were still tussling over how heavily to tax marijuana sales. A leading plan centers on excise and sales taxes totaling 30 percent. The tax can't go so high that it encourages a black market.
The first $40 million collected from the excise tax would go to schools. And revenues from a 15 percent sales tax on pot plus the 2.9 percent ordinary state sales tax would be sent to local governments and cover the cost of enforcing the new marijuana regulations.
Meanwhile, the state would save money it now spends on arresting, prosecuting and jailing citizens caught smoking the stuff. As one small example, Washington state no longer trains new police dogs to sniff out marijuana.
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