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October 01, 2008
New Richmond News: Madison man says legalizing marijuana could solve country’s financial woes
Posted by Gary Storck
Wednesday, October 1, 2008
The New Richmond News also picked up the article from the State Journal, and it was mentioned on WI Public Radio as well.
Source: New Richmond News click here
Pubdate: 1 October, 2008
A MADISON MAN HAS HIS OWN IDEA FOR SOLVING THE COUNTRY’S FINANCIAL MESS – LEGALIZE MARIJUANA
Gary Storck co-founded Madison’s chapter of NORML, the National Organization for the Reform of Marijuana Laws. He says legalizing pot would bring huge money into the federal coffers just like booze did President Franklin Roosevelt ended prohibition 75 years ago.NORML and similar groups have argued for years that the government could make a fortune if it taxed marijuana plants instead of going after those who grow and sell it.
Bruce Mirken of the Marijuana Policy Project says it could bring $10-$40 billion a year to state and local governments.
Congress would have to approve the legalization.
A spokesman for Janesville’s Paul Ryan, the ranking Republican on the House Budget Committee, didn’t have a comment on it.
Posted by Gary at October 1, 2008 11:19 AM
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