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Support the Legalization and Taxation of Marijuana April 03, 2009 11:30 AM

In an online "town hall meeting" on March 26th, President Obama was asked if he thought legalizing marijuana might improve our economy.  He laughed derisively, mocked people who use the Internet and answered "no, I don't think that is a good strategy to grow our economy." (1)

President Obama is wrong.  There's tons of evidence that legalizing and taxing marijuana would help our economy and our nation.

Take action today at GreenChange.org to support the legalization and taxation of marijuana.

According to Harvard economist Jeffrey Miron, "Federal, state and local governments spend roughly $44 billion per year to enforce drug prohibition."  Miron adds that these same governments "forgo roughly $33 billion per year in tax revenue they could collect from legalized drugs, assuming these were taxed at rates similar to those on alcohol and tobacco." (2)

That adds up to $77 billion per year that could be spent on rescuing homeowners, and putting people back to work.

Miron is just one of the legion of economists (3), drug law enforcement leaders (4), journalists (5), conservative former judges (6) and presidential candidates (7) who say that it's time to end the marijuana prohibition era.

Tell President Obama and your other elected officials to legalize and tax marijuana.



Sources:

(1) Transcript of "White House 'Open for Questions' Town Hall," March 26, 2009.  http://www.nytimes.com/2009/03/26/us/politics/26text-obama.html

(2) Jeffrey A. Miron, "Legalize drugs to stop violence."  CNN, March 24, 2009.  http://www.cnn.com/2009/POLITICS/03/24/miron.legalization.drugs/index.html

(3) Quentin Hardy, "Milton Friedman: Legalize It!" Forbes, June 2, 2005.  http://www.forbes.com/2005/06/02/cz_qh_0602pot.html

(4) Julian Critchley, "All the experts admit that we should legalise drugs."  The Independent, August 14, 2008.  http://www.independent.co.uk/opinion/commentators/julian-critchley-all-the-experts-admit-that-we-should-legalise-drugs-894367.html

(5) "How to stop the drug wars".  The Economist, March 5, 2009.  http://www.economist.com/printedition/displayStory.cfm?story_id=13237193

(6) Steve Lopez, "Former judge fired up on making pot legal."  Los Angeles Times, March 29, 2009.  http://www.latimes.com/news/local/la-me-lopez29-2009mar29,0,88438.column

(7) Bob Barr, "Federal Drug War Rethought."  Huffington Post, September 10, 2008. http://www.huffingtonpost.com/bob-barr/federal-drug-war-rethough_b_125458.html

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