Hawaii - Whatever Brings In The Money.
Legal pakalolo (Marijuana) could bring in $33M
By Craig Gima
cgima@starbulletin.com
Legalizing marijuana would generate up to $33 million a year in tax revenue and savings, according to a study by a University of Hawaii-West Oahu professor.
UH-West Oahu economist William Boyd analyzed enforcement and court costs of current laws and estimated that the state and counties spend $9 million to $10 million annually on marijuana cases.
Using cigarette and alcohol tax revenues, Boyd also calculated that the state could see between $4 million and $23 million in tax revenue if marijuana were legalized and taxed.
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Tourism growth moderating
Advertiser Staff
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For more information about UHERO’s forecast, check www.uhero.hawaii.edu
Hawai'i will experience only modest growth in visitor arrivals and spending in coming years, according to a forecast released today by the University of Hawai'i Economic Research Organization.
I bet if we decriminalize prostitution, legalize marijuana, and then later, gambling, the tourists would pack the planes again. And we'd be even bigger than 'Vegas'.
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