Legalizing and Taxing Marijuana has its ups and downs. The United States federal government prohibits the sale and possession of cannabis. Many states now legalize the sale and possession of marijuana, even though federal law makes it illegal, but state and federal are separate. Taxing marijuana would represent a huge source of revenue for taxpayers. You can tax it as much as you want. When it comes to taxing marijuana, the state can impose whatever tax it wants. States stand to profit millions of dollars from this tax. In Colorado, the tax on weed is about 13 percent. When it was legalized in Colorado just in January, it brought in about $2 million in taxes. This represents a huge expansion of everything tax dollars are used to fund. You can build and repair more roads and pay state workers more. The taxes you pay for the state can be paid to the fire department. police department. and many other things that can benefit you in one way or another. “Marijuana should be removed from the criminal justice system and regulated the same way as alcohol and tobacco. Legalizing and regulating marijuana will bring the nation's largest cash crop under the law, creating jobs and economic opportunities in the formal economy rather than the illicit market. Scarce police resources that could be better used to protect public safety would be preserved while reducing corrections and court costs. State and local governments would gain significant new sources of tax revenue through the regulation of marijuana sales. (Drug Policy Alliance)Comparing alcohol to marijuana and its effects are very different. Marijuana is much safer than alcohol in terms of how your body reacts and makes decisions. The way you think and the thought process are different. Rape... middle of paper ... I've seen this before in Colorado with a weed store. They make a lot of money and the government collects all the taxes up to 15 percent and above. The government can charge as much as it wants. He knows people will pay for marijuana. People will pay for weed if it's legal. “37 merchants have reported $5 million in sales since legalization. » (RT.Com) Lots of possibilities for success and also a very big economic impact. everyone just wants to get a little high. /2014/03/15/colorado-recreational-marijuana-tax-revenue-hits-2m-first-month/?utm_source=ivn&utm_medium=featured&utm_content=prevnext&utm_campaign=opt-beta-v-1-0y WE Messamorehttp://rt. com/usa/colorado-marijuana-five-million-319/