How Much Should An Ounce of Marijuana Cost In A "Free Market," Society?Submitted by zooamerica on Thu, 02/07/2013 - 22:59
I am not a stoner, but know friends who spend between $150 - $400 per month for a single ounce of weed. Holy black market expensive. It's a freaking plant for God's sake, not some precious metal!
I never would have thought that a single ounce of "high grade," marijuana would have as much value as a quarter ounce of gold.
Marijuana prohibition just doesn't make sense...in SO many ways.
So how much should and ounce of "high grade," weed cost if marijuana were to be legalized?
$20 would seem to be a fair price....taxes included.
Let's say about $10 of the cost is attributed to some kind of state tax.
Let's assume that the average American toker smokes 1 ounce of weed per month.
$10 X at least 30 million American potheads =
$300 million per month in tax revenue.
That equals $3.6 Billion per year!
What if the taxes were $50 instead of $10?
$60 bucks for an ounce of "high grade," weed...
That equals $18 Billion per year! At least...because I am being overly conservative by estimating that less than 10% of the American population smokes pot.
The LAST thing I want to do is give the government more taxpayer dollars to waste, but if legalizing weed could perhaps supplement the elimination of the Income Tax, eliminate wasteful DEA and police force expenditures, reduce crime, and make room in jail for the real criminals of society... I'm all for decriminalizing marijuana.
"How Pot Saved The West"