If, according to POLICE INTELLIGENCE one gram of *cannabis is worth $5 then the estimated 200 tonnes of cannabis GOODS traded through friendly/social networks SERVICING 400,000 recreational consumers in New Zealand is worth $150Million in forgone GST. Sales minus Production Costs, $1Billion * (-20%) = $800M @ 33% tax = $264M in PAYE/Company Tax. Annual budgets for Displaced allocated cannabis enforcement in Police, Justice, Corrections, Security and other unintended burdens $150M, making cannabis law, the past forty years a multi billion dollar boondoggle, and for what? Alienation from rule of law? Disrespect of societal normative values? A justice employment scheme? Gawd knows because politicians don't.
Cannabis must be regulated and taxed. It is the stuff of social capital
* see http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10752344
Blair Anderson http://mildgreens.blogspot.com
Labels: Aotearoa Legalise Cannabis Party