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Effects of Marijuana on the U.S. Economy

EFFECTSOF UNITED STATES OF ADDICTION MÄRIJUANA" THE Did you know? Both George Washington and Thomas Jefferson grew marijuana on their plantations. US ECONOMY TOTAL POPULATION MARIJUANA USER POPULATION HAWAII ALASKA WASHINGTON DC 1,211 626 572 | TOBACCO USER POPULATION 87 61 61 212 152 102 15,982 1,051 DATA IN THOUSANDS AS OF 2005 3,356 4,468 20,851 284 1,015 3,774 1,045 2,844 4,447 8,186 142 193 420 714 1,036 1,637 4,012 1,819 106 2,673 5,296 5,130 3,450 145 198 302 284 367 180 633 894 5,689 8,049 942 928 886 266 1,285 783 448 4,041 1,778 53 33,872 5,595 170 2,688 221 7,078 339 2.296 4,301 143 1,156 1,808 8,414 1,303 455 5,046 383 537 90 420 2,233 1,366 770 12,419 6,080 464 1,523 102 11,353 1,998 689 388 228 759 3,405 172 1,711 2,546 1,465 12,281 2.926 2,554 213 434 109 579 1,048 135 664 318 493 629 2,640 9,93 99 25 705 202 1,293 106 754 5,363 18,976 1,427 3,472 2,226 72 42 291 4.919 6,349 154 1,115 3,421 306 217 311 401 900 1,130 636 642 902 35 78 1,274 125 171 88 1,235 5,894 479 1,008 266 121 231 608 61 ARE WE UPSIDE DOWN IN OUR PHILOSOPHY? 109 AMOUNT OF TAX REVENUE | TOBACCO IMARIJUANA (Estimates based on usage) Alabama 175.9 / 12.6 Indiana 343.0 / 17.3 Nebraska 71.4 / 4.9 South Carolina 29.6 / 11.4 Alaska 65.6 / 1.8 lowa 96.0 / 8.3 Nevada 136.6 / 5.7 South Dakota 28.3 / 2.1 New Hampshire New Jersey Arizona 121.2 / 16.2 290.5 / 14.6 147.9 / 7.6 Kansas 123.9 / 7.6 101.7 / 3.5 800.1 / 23.9 Tennessee Kentucky Louisiana 599.3 / 59.3 61.4 / 6.3 48.3 / 1.7 Arkansas 37.7 / 11.5 Техas California 1,096.2 / 96.3 105.9 / 12.7 New Mexico 48.4 / 5.2 Utah Colorado 131.0 / 12.2 Maine New York 91.9 / 3.6 275.7 / 15.1 1,102.4 / 53.9 Vermont Connecticut 273.3 / 9.7 168.5 / 20.1 Maryland Massachusetts North Carolina 42.9 / 22.9 21.0 / 1.8 Virginia Washington West Virginia Delaware 80.4 / 2.2 423.6 / 18.0 North Dakota 354.0 / 16.8 1,186.2 / 28.3 173.9 / 14.0 Florida 465.7 / 45.4 248.8 / 23.3 Michigan Ohio 583.3 / 32.3 102.8 / 5.1 310.1 / 15.2 Georgia Hawaii Minnesota Oklahoma 127.7 / 9.8 243.7 / 9.7 Wisconsin 85.2 / 3.4 Mississippi 55.8 / 8.1 Oregon Pennsylvania Rhode Island Wyoming 27.1 / 1.4 51.8 / 3.7 802.4 / 35.3 Idaho Missouri 126.2 / 15.9 1,030.5 / 34.9 District of Columbia 22.3 / 1.6 Illinois Montana 61.2 / 2.6 136.3 / 3.0 TOTAL 13,337.2 / 799.8 DATA IS IN MILLIONS Total Tax Revenue From Marijuana Fun Fact Around 5.4 million deaths a 799.8 Million state tax revenue Drafts of the Declaration year are caused by tobacco + 5,400.2 Million federal tax revenue of Independence were written on hemp paper $6,200.0 Million total tax revenue Did You Know? Marijuana is created from the dried, shredded flowers About 70 people per year die while high, but 0 deaths are attributed to marijuana each and leaves of the hemp plant Cannabis sativa year COST OF PROHIBITION OF MARIJUANA Marijuana has significant medical value for patients who suffer from AIDS, glaucoma, These calculations take into consideration police budgets The US Government spends $7.7 billion per year on enforcement of prohibition each year. due to marijuana prohibition, the judicial and legal budget, cancer, $7.7billion the corrections cost and the multiple sclerosis, overall state and local expenditure for enforcement. epilepsy, and chronic pain. $6.2 Billion annually if Several studies TAX BENEFITS marijuana were taxed at rates comparable to those on have been published to support $6.2 Billion tax revenue annually alcohol and tobacco (Based and document this belief. on current and projected $6.2billion Marijuana usage). In 1996, California Potential revenues of cannabis became the first U.S. state coffee shops, cannatourism, to legally allow medical marijuana for patients ENTERTAINMENT VALUE natural medpot products, industrial hemp products, and $7 Billion annually with a valid doctor's canna- industrial products $7billion competing with current industries including: cotton, recommendation. nylon, animal fats, forest products, petrochemicals, petroleum, food oils and other profitable products. TOTAL FINANCIAL BENEFIT $20.9 Billion total revenue gain by legalizing marijuana $20.9billion Brought to you by: Data provided by: Jeffrey A. Miron: The Budgetary Implications of Marijuana Prohibition Ray Boyd: Legal Weed: A Pot Of Gold? www.taxpolicycenter.org GoBanking Rates

Effects of Marijuana on the U.S. Economy

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This infographic compares the effects of tobacco use with those of marijuana use, including associated deaths and potential tax revenue. Sometimes you have to wonder why marijuana is banned when alco...

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