Drug Legalization -- a Windfall for State Budgets (Opinion)
Researchers say that if marijuana is legalized across the nation, there would be $8.7 billion in law enforcement savings and $8.7 billion in tax revenue. If all drugs are legalized, the savings figure becomes $46.7 billion and the revenue $41.3 billion. A budgetary benefit of $88 billion per year is not chump change, especially given the current state of the economy.