1. Marijuana Legalization: Is it Right for America?
... prohibition of alcohol during the 1920's, proponents for legalization make the claim that if the drug were legalized, taxes could be levied on it in the same way they are on alcohol, thereby increasing tax revenue. There would be two choices according to (Clements, Zhao & Lan, 2009), "If marijuana were legalized and taxed, the new market price would crucially depend ... alcohol, as the article goes on to say, "Consider the economic realities of other substances. The tax revenue collected from alcohol pales in comparison to the costs associated with it. Federal excise taxes collected on ...
- Word Count: 4020
- Approx Pages: 16
- Has Bibliography
- Grade Level: Undergraduate