Blog Stage Two

Marijuina Legalization

Do you ever ask yourself why the government isn’t making as much money as they could be? Me neither; however, there is one solution in my mind, and that is the legalization of marijuana. In the article “In Study: Legal marijuana could generate more than $132 billion in federal tax revenue and 1 million jobs,” Katie Zezima explains how the U.S as a whole could profit up to AT LEAST $132 billion through sales tax and payroll deductions. She uses Colorado, Washington, and Oregon’s $1.3 billion in tax receipts as an example of how much legalized marijuana increases profit. Furthermore, legalizing cannabis would create an additional 782,000 job opportunities (which would increase up to 1.1 billion by 2025), including workers for the marijuiana supply chain, farmers, sellers and transporters! Although it doesn’t seem likely for the entire U.S to participate in legalizing Mary Jane, this article (https://www.washingtonpost.com/national/2018/01/10/study-legal-marijuana-could-generate-more-than-132-billion-in-federal-tax-revenue-and-1-million-jobs/) does a decent job explaining why we should.