Politics

Should we legalize all drugs? Discuss.

*Gandoerma oregonense

Removing the money spent on prohibition and adding the money that would come from legalization and taxes could add up to nearly $625 million in savings and revenue for Oregon.

A recent paper by a Harvard-based researcher and published by The Cato Institute gives insight to the financial picture: Legalizing all drugs could generate over $100 billion in savings and taxes annually, benefitting federal, state and local governments … Removing the money spent on prohibition and adding the money that would come from legalization and taxes could add up to nearly $625 million in savings and revenue for Oregon … Oregon spent $375 million in 2016 on the prohibition of all drugs combined. $57 million for cannabis, $177 million for cocaine/heroin, and $140 million on other drugs. He estimates that legalization and state taxation would result in nearly $246 million for Oregon, with $50 million for cannabis, $108 million for cocaine, $63 million for heroin, and $23 million for other drugs. Removing the money spent on prohibition and adding the money that would come from legalization and taxes could add up to nearly $625 million in savings and revenue for Oregon.

Original Article (Bend Source):
Should we legalize all drugs?  Discuss.
Artwork Fair Use: Neil Dollinger

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