Quote:
Originally Posted by RubberDuck
Weed is not legal in the Netherlands. It is tolerated and not criminal to posess small ammounts but it is not legalized.
Also, tax revenue from a few coffee shops is not going to keep their economy afloat.
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Tax revenue from marijuana, assuming it would bring in the same amount as cigarettes, would bring in $2.6 billion a year to the federal government (around 1% of revenue). Applying the numbers from the original post to Canada would result in $3.6 billion in revenue. Either way it would not help keep us out of recession or be able to eliminate the GST. Although if you looked at it from a revenue neutral position you could reduce the GST to 4.5%.