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News (Media Awareness Project) - US CA: PUB LTE: Missing The Revenue
Title:US CA: PUB LTE: Missing The Revenue
Published On:2008-11-14
Source:Pasadena Star-News, The (CA)
Fetched On:2008-11-23 14:53:49
MISSING THE REVENUE

I am a graduate of Arroyo High School, Class of 1969. This is
regarding the news article in your newspaper "Record year for pot seizures":

In order to send the correct message to our young people, we have forsaken a
billion dollars in tax revenue. The $14 billion marijuana crop harvested by
Los Angeles County this season, taxed at 7.25 percent would have yielded
more than a billion dollars in revenue. And that is only the detected
portion of the crop.

Cannabis is by far the leading cash crop in California, and the nation
as well. What drives this profitability? Why prohibition, of course.

The failed and utterly disproven notion of prohibition reaps its
reward

Jay Bergstrom

Forest Ranch, CA
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