Ventura County Star, 14 Mar 2010 - Marijuana legalization advocates have, apparently, collected enough signatures to qualify their initiative (No. 1377) for the November ballot. The measure proposes to "legalize (nonmedicinal) marijuana and tax it," as if that will solve California's fiscal problems. This claim was somewhat legitimized when the California Board of Equalization estimated that the annual revenue gained from a marijuana sales tax would be $1.4 billion. The state director of finance places the savings in the tens of millions of dollars, but concerned citizens need to ask how those figures were derived and if they reflect the true cost.
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