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July 18th, 2010 at 6:51 pm
Pharmaboy, I don’t agree with legalizing drugs. But I can say that the financial benefit to the government would be substantial. In Ontario, Canada, where I am from, alchohol is purchased through provincial (state) outlets. They are open 7 days a week. Alcohol has built in taxes and retail markup of course. Since it’s run by the state, they get both. It is the one government business that turns in a huge steady profit. Maybe just doing that would solve the US deficit problem 🙂
The price difference for a bottle of Vodka is about 30-40% higher than in the US. I buy my liquor when I travel south, since we’re allowed 1 bottle per adult duty free. Even with the amount of liquor Canadians transport back over the border, the government still pulls in a huge amount of revenue.
Tony