Bong Hits 4 Jesus Tax Revenue

How should the federal and state governments deal with their depleted coffers? Here’s one idea, from Nick Gillespie of Reason.com, in yesterday’s New York Times:

Legalize drugs and then tax sales of them. And while we’re at it, welcome all forms of gambling (rather than just the few currently and arbitrarily allowed) and let prostitution go legit too. All of these vices, involving billions of dollars and consenting adults, already take place. They just take place beyond the taxman’s reach.

Legalizing the world’s oldest profession probably wasn’t what Rahm Emanuel, the White House chief of staff, meant when he said that we should never allow a crisis to go to waste. But turning America into a Sin City on a Hill could help President Obama pay for his ambitious plans to overhaul health care and invest in green energy. More taxed vices would certainly lead to significant new revenue streams at every level. That’s one of the reasons 52 percent of voters in a recent Zogby poll said they support legalizing, taxing and regulating the growth and sale of marijuana.

Are ATL readers more or less libertarian than the general public? In a prior poll, almost 70 percent of you voted in favor of legalizing prostitution.
We know how L.A.’s dopest attorney feels — but what’s your opinion of pot? Vote in this poll, and debate in the comments.

Paying With Our Sins [New York Times]
Earlier: A Seminal Question: Should Prostitution Be Legalized?
Adventures in Lawyer Advertising: ‘The Dopest Attorney’

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