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A comment on United States loses AAA credit rating from S&P . Parent comment

Re:United States loses AAA credit rating from S&P by wisty on Saturday August 06, 2011 @04:07AM (#2853380)
Legalize cannabis, and you can tax it too.
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Re:United States loses AAA credit rating from S&P by billybob on Monday August 08, 2011 @09:21AM (#2859947)
If you tax it much, there will still be a black market for it, with all the associated crime that brings.

It already happens with cigarettes. http://www.npr.org/templates/story/story.php?storyId=1299345...

And it's a lot harder to differentiate illegal goods from legal ones if the physical item could be either.

I'm not saying whether we should or shouldn't legalize it, but I keep hearing people say "legalize it to remove the criminal element and tax the heck out of it." That doesn't necessarily end the associated crime issues.

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Re:United States loses AAA credit rating from S&P by billybob on Monday August 08, 2011 @09:00AM (#2859881)
If you tax it much, there will still be a black market for it, with all the associated crime that brings.

It already happens with cigarettes. http://www.npr.org/templates/story/story.php?storyId=1299345...

[ Parent | on HN ]