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News (Media Awareness Project) - US TX: PUB LTE: Budding Possibilities
Title:US TX: PUB LTE: Budding Possibilities
Published On:2006-11-25
Source:Dallas Morning News (TX)
Fetched On:2008-01-12 21:10:41
BUDDING POSSIBILITIES

Re: "It's another kind of buzz at your door - Urban professionals turn
to home-delivery networks for pot," Sunday news story.

In 2005, Jeffrey A. Miron released a report, "The Budgetary
Implications of Marijuana Prohibition," that estimated legalizing
marijuana would save $7.7 billion per year on enforcement and yield
annual tax revenue of $2.4 billion if it were taxed like most other
goods - or $6.2 billion if it were taxed like alcohol and tobacco.

More than 500 economists, including three Nobel laureates, endorse Dr.
Miron's report. They did not attempt to estimate the income that might
be collected by making delivery of marijuana to "doctors, lawyers,
Wall Street traders" and such a legal business.

Suzanne Wills, Drug Policy Forum of Texas, Dallas
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