Author: Brian Points
Economic growth is welcome news for politicians but not enough to get them to champion a controversial bill that many moralistic constituents would oppose. There is yet another green leafy substance that makes them drool…By making pot legal, not only are state governments able to collect tax revenue but they are able to jack up tax rates astronomically.
Industries that are overly controlled by government authorities do not have the mechanisms for allowing people to make these choices. When markets are allowed to work, options abound
For a thought experiment, next time you are reading Psalm 20, when you read “Some trust in chariots and some in horses, but we trust in the name of the Lord our God,” do a little mental modernization and change the words to “Some trust in Strike Eagles and others trust in Warthogs.”