Social Security Administration

Legalize and Tax Medical Marijuana and Hemp

According to economics, budget and projection analysis, if the Federal Government taxed medical marijuana at a rate comparable to cigarettes and booze, a staggering $6.2 billion would come rolling in. AND, according to the same calculations, the government would save $7.7 billion a year if it did not have to spend money policing and prosecuting marijuana activity.

 

Take a look at this link from CNN Money, that estimates what each state can possible earn in tax revenue: http://money.cnn.com/pf/features/lists/taxes_marijuana/table.html

 

There are 17 states that have legalized the use of medical cannabis, but the DEA still raids the dispensaries that distribute it, even when a higher power originally asked them not to do that. Again, wasting millions of dollars to carry out those missions.

 

It is SCIENTIFICALLY PROVEN that you cannot overdose on marijuana, no matter how much is ingested. It is also SCIENTIFICALLY PROVEN that marijuana is non-addictive.

Even DEA's former administrative law judge, Francis Young, stated, "Marijuana is one of the SAFEST, therapeutically active substances known to man."

 

In addition to the wonderful medical benefits it provides, Hemp is one of the strongest natural fibers known to man. The FIRST DRAFT of the Constitution was written on Hemp paper! Hemp products play a major role in preventing disease and reducing health care expenditures. It can also clean up the air and water while saving more of our depleting forests. To date, there are over 50,000 products that can be derived from the Hemp plant, such as:

 

Animal Feed, Body Care Products, Building Products and Construction Materials, Diapers (reusable), Fabrics, Fiberglass, Paper, Plastic, Soap, to name a few.

 

Have your staff do the research and crunch the numbers. Please put your personal feelings aside and realize the potential profit these plants can make on our current budget problems and our society!

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Idea No. 1297