Legalizing marijuana in California would lead to a major decline in the pretax price, but the price for consumers will depend heavily on taxes, the regulatory regime structure, and how taxes and regulations are enforced. The lower price and nonprice effects will increase consumption, but it is unclear by how much. There is much uncertainty about the effect on public budgets; even minor changes in assumptions lead to major differences in outcomes.
| ISBN: | 9780833050342 |
| Publication date: | 16th September 2010 |
| Author: | Beau Kilmer |
| Publisher: | RAND Corporation |
| Format: | Paperback |
| Pagination: | 68 pages |
| Series: | Occasional Paper |
| Genres: |
Central / national / federal government policies Coping with / advice about drug and alcohol problems |
Legalizing marijuana in California would lead to a major decline in the pretax price, but the price for consumers will depend heavily on taxes, the regulatory regime structure, and how taxes and regulations are enforced. The lower price and nonprice effects will increase consumption, but it is unclear by how much.
Altered State? features in the following genres: Central / national / federal government policies, Coping with / advice about drug and alcohol problems
Paperback. Not Available.
Altered State? was written by Beau Kilmer and published by RAND Corporation
Altered State? has 68 pages
Yes it is part of Occasional Paper series