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Old 03-12-2009, 05:36 PM   #48
Traditional_Ale
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Quote:
Originally Posted by Suave View Post
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 2.5%.
HAHAHA, thats a good one! What have you been smoking? Oh wait...
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