We can double the education budget in one year by legalizing pot.
We currently spend $12.8 Billion on Education as projected for 2008. We spend $1.6 billion nationally (who knows state by state) on the war on drugs, and $4.92 billion on prisons. By legalizing it let me lay down some math for you. We could double the budget for education in 1 year. Conservatively say 10% of the population spends $50 a week (probably more like $150). That generates 1.35 Billion a week for agriculture as a gross, if we taxed it 25%, that would mean we could ad $337,500,000 (that’s 337Million) a week into education, calculating to an initial first year budget increase of $17.7 Billion.
Double the current budget of $12.8 Billion for 2007, increasing to 13.2 Billion for 2008.
2007-02-12
06:00:50
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6 answers
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asked by
dolphinparty13
2
in
Economics