Oddly, the best anti-legalization argument I've ever heard is "it would taste different."
The repeated failure of marijuana legislation is an interesting commentary on the economic ignorance of California, though. The estimated street value of seized crops in 2005 was nearly $10 million (source), which puts it pretty comfortably on top of the list of cash crops in California. And that's just plants seized- plenty did not get taken by the DEA, and were distributed and sold to a good profit. Good enough for people to live off of, anyways, proving that the demand still exists.
The California deficit was about $6.7 billion in 2005, and has since almost tripled to $19.1 billion (google). I'm not suggesting that the legalization of marijuana earlier in the decade could have prevented the deficit.
Entertain this thought, though: the tax rate on non-cigarette tobacco products is 33.02%, and I think the two products are similar enough to reasonably argue a similar tax. 33.02% of the seized number of crops in 2005 comes out to $3,204,856.15, which over four years (assuming ratification of a legal marijuana bill in 2006) would generate $127,184,24.70 in tax revenue. It would cover it's own costs easily by the nature of growing a weed for consumption, and would generate a healthy profit that could benefit any number of state programs. And this is just off the figure of obtained plants in a single year.
At the end of the day, the failure of Prop 19 is not a referendum against the consumers of marijuana, but of the presentation of the argument and the education of the masses.
Log in to comment