Legalize Marijuana + $7 Tax = $218.8 Billion in Taxes & Fixes the Economy
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 [...]