Economists say U.S. would save billions if pot was legal

US MARIJUANA LEGAL

Where there’s pot, there’s gold. So conclude more than 300 economists who say that the US government — if it got out of the business of enforcing marijuana laws — could save a whopping $7.7 billion annually. Harvard economist Jeffrey Miron also figures there’s another $6 billion to be mined each year by taxing the drug at rates similar to booze and tobacco.

The economists, who have signed a petition, don’t exactly go as far as Miron in suggesting pot be legalized but maintain that it’s high time, so to speak, for an “open and honest debate.”

 

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