February 25th, 2009
It is a little difficult to estimate exactly how much money would be generated from taxes on legalized marijuana (10x higher than cigarette taxes). But based on $437.6 million in new revenue for Ohio for a $0.70 tax increase on cigarettes we can make the below estimation:
$7.00 tax on legalized Marijuana Sales creates $4.376 billion for Ohio.
Just for fun let’s multiply by 50 states and that is $218.8 Billion generated each year in legalized marijuana taxation based on $7.00 per legal unit of sale.
source: http://www.tobaccofreekids.org/research/factsheets/pdf/0098.pdf
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Politics |
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Posted by chonk
February 10th, 2009
So readers, it’s been a while hasn’t it?
I have to admit that I’ve been two-timing on all of you with that bitch down the street, FaceBook.
Man, I’m not one for fads or trends but I got totally sucked into this thing and well, ChonksWorld has suffered because of it. But alas, don’t run away yet.
I am going to pledge to you to step it back up. I didn’t realize how many of you NEED ChonksWorld to keep you abreast of cool interweb-ness so you can go to work and do the whole “Guess what I found” thing and look cool to your co-workers. I don’t mind being “that” guy, even if I don’t get the credit.
So hang in there. More gooey goodness is-a-coming!
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Posted by chonk