VictorVIcious
Well-Known Member
A study was done in Mass. about the effect of legalization. Its been a while since I looked at. I am sure you could do a search and find it. I did right down some of the results and I did check the back up information enough to know they had done their home work. The bottom line was that Mass. would save $24.3 MILLION DOLLARS just in State Costs for police. The total cost saving for all of the legal involved brings that savings to $120.6 Million Dollars.
They factored in a street value price decline because it would now be legal and based on Mass% of the total US population that would give them sales of $173.8 Million. The state income tax on those saleswould bring in $7.5 MILLION DOLLARS and the state sales tax @ 5.% would bring in another $8.7 MILLION DOLLARS for a total change of $137.5 MILLION DOLLARS and I'm sure you could do the rest of the math. This is just the savings for the state, what about local governments??
Short unemployment lines etc. etc. ITS THE ECONOMY
They factored in a street value price decline because it would now be legal and based on Mass% of the total US population that would give them sales of $173.8 Million. The state income tax on those saleswould bring in $7.5 MILLION DOLLARS and the state sales tax @ 5.% would bring in another $8.7 MILLION DOLLARS for a total change of $137.5 MILLION DOLLARS and I'm sure you could do the rest of the math. This is just the savings for the state, what about local governments??
Short unemployment lines etc. etc. ITS THE ECONOMY