Cannabis: Weeding out big deficits
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The subscription service is currently unavailable. Please try again later.What does our nation’s capital Washington D.C., Alaska, Washington, Oregon and Colorado have in common? Their economy is rapidly growing due to a huge spark in the use of recreational marijuana. Among the most common, Colorado, there are four other areas where the recreational use of the plant is legal. Since then, four out of the five areas discluding Alaska, fall onto MSN’s top ten best economies in the country. There are also 18 other states that have legalized the medicinal use of cannabis as well.
There have been many stipulations that the use of marijuana will only be a taxing revenue for the federal governments. A concern about the legalization and the taxing process is that much of the revenue from this sort of taxing would pool only into federal tax revenue, disregarding the local needs. However, this has been proven to be wrong. The taxes, much like cigarette...
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