What’s a Govenator to do?

Schwarzenegger Offered One Billion Dollars

Currently, the state of California has a budget crisis. To try and balance the budget out, legislators are bickering over which social services should be cut. This isn’t fair. It isn’t even right. People need those social services. There is a hero in this story, however. Well, heroes is more like it. Many, many heroes! They call themselves Let Us Pay Taxes.

The Let Us Pay Taxes group has offered Governor Arnold Schwarzenegger one billion dollars to be put toward the budget crisis. The thing is; this money will be coming from a coalition of California marijuana growers and dealers. Whats the Terminator to do? Terminate the crisis with taxes that taxpayers would actually be willing to pay!

David Guard of StopTheDrugWar.org writes that regulation and taxation of marijuana could produce up to six billion dollars in additional tax revenue, according to economic studies linked from their web site LetUsPayTaxes.com. In addition, it could save up to ten billion dollars in enforcement costs. “That is a conservative estimate,” said Schaffer, spokesman for Let Us Pay Taxes. “By other estimates, the revenues could be five times that. The economists are with us all the way on this one. Marijuana prohibition is an economic disaster.”