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question everything Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 01:19 AM
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California Legislator Sees Benefit in Legalizing Pot
FEBRUARY 25, 2009

California Legislator Sees Benefit in Legalizing Pot
By STU WOO
WSJ

SAN FRANCISCO -- A state legislator proposed legalizing the sale of marijuana in California, saying the plan would generate more than $1 billion annually for the cash-strapped state. Assemblyman Tom Ammiano introduced a bill Monday that would legalize possession and sales of the drug for people aged 21 and older. The legislation would impose regulations and taxation similar to those for alcohol sales. Federal law makes it a crime to possess or sell marijuana, so the measure, if passed, would likely face an immediate legal challenge.

Mr. Ammiano, a San Francisco Democrat who is well known in the state as a champion of liberal causes, proposes a tax of $50 on an ounce of marijuana, which sells for a few hundred dollars on the street. California's dire financial situation was the impetus for proposing the bill, said Quintin Mecke, a spokesman for Mr. Ammiano. The state, which last week closed a $42 billion budget deficit through steep spending cuts and tax increases, should be making money on pot sales, Mr. Mecke said. He estimated that marijuana is a $14 billion-a-year crop in California.


The pot-legalization bill will be up against significant opposition. "It's one of these that is based on fallacious assumption that if we could only legalize marijuana, that we will have fiscal and social Shangri-La," said John Lovell, a lobbyist who represents three California police groups.

California has been drifting toward more-permissive approaches to pot. Various ways of decriminalizing marijuana have been considered for years in the state. In 1996, state voters passed a ballot initiative legalizing medical-marijuana use. Medical-pot regulation has been left largely to local jurisdictions, rather than statewide agencies. But last summer, California Attorney General Jerry Brown created controversy by issuing restrictive new guidelines on how medical-marijuana operations should do business. He said that they should be small nonprofits and indicated that larger operations may be operating illegally.

(snip)

http://online.wsj.com/article/SB123552248140364907.html (subscription)
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AndyTiedye Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 02:02 AM
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1. KicketyKicketyKick!
:smoke: :kick:

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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 02:05 AM
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2. K&R
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Faux pas Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 02:41 AM
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3. Good on him. Legalize it nationally and we'd be back
on top in no time.
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Warren DeMontague Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 03:32 AM
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4. Maybe not a "fiscal and social shang-ri-la", but if it's anything like the parking lot scene
at Alpine Valley in the mid 80s when the Dead used to play there, I could be cool with that.

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Norrin Radd Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-25-09 06:50 AM
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5. kr
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