Colorado shows the Nation what - $53 Million POT TAX Revenue - from Legalization Can Do

Colorado shows the Nation what - $53 Million POT TAX Revenue - from Legalization Can Do Colorado shows the Nation what - $53 Million POT TAX Revenue - from Legalization Can Do Colorado shows the Nation what - $53 Million POT TAX Revenue - from Legalization Can Do

Notable Points:

·         Marijuana Connoisseur Snoop Dog starts Recreational Cannabis Line in Colorado.

·         Marijuana Arrests Plummet "Creativity Sky Rockets".

·         $1.5 Mill to Homeless from Pot Tax.

·         $53 million Total Pot Tax Revenue in 2015 for Homeless, Education and Infrastructure. 

In Colorado, pot tax money is now being used for scholarships for low-income students, water purchases, capital improvements, and infrastructure and facilities improvements. 

Previously, the average jail holding time was three months (90 days min to 3 yrs max) as a federal offence for “position”, so for every four arrests taxpayers spent about $34,000/yr. Number of MJ arrests before legalization? About 35,000/yr. That’s $300,000,000.

More broadly, each U.S. citizen is now paying about $260 per year on corrections, up from $77 per person in 1980, thanks to the country's annual $80 billion incarceration spending, according to The Hamilton Project. Thousands of residents are simultaneously paying off bail bonds for trifle offenses.

This $80 Billion could be reallocated just as Colorado has proven and precedented.   

"The Colorado Legalization experiment has thus proven to be a great success in cutting major capital expenses and bringing much needed funds to better their communities with the added benefit of not crippling their citizens with an Arrest Record, Jail time, Fines etc. 

As State Governances continue to Realize and Legalize, they will also capture previously misappropriated money and resources to exceedingly address their social health, education and quality of life public service responsibilities."

For more on allocating Legalisation Tax Revenue Real Issues see my article COLORADO PROVES LEGALIZATION IS AWESOME 

Jason Hunter

Keeping America Out Of Jail

Fast-BailBonds.com of Dever CO

 
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