Quote:
Originally Posted by jayswin
If you make it really expensive or tax the crap out of it you're going to lose business to the black market and then what's the point of legalizing it? The idea that the government is competing with drug dealers on price and potency of a drug sounds absurd, but.......the government is competing with drug dealers on price and potency.
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Sure , in theory... but only in theory. I mean, I don't know anyone producing moonshine despite the fact that we tax the #### out of alcohol.
Legalization will result in multiple mass producers utilizing economies of scale to bring down production costs to levels that illegal producers just can't compete with. Taxing the crap out of it will probably just bring the consumer cost up to around what street level is now... but illegal distributors will probably lose so much market share that it won't be worth the risk to continue the trade.