Political Buzz

Talking WA politics.

NOTICE: Political Buzz has moved.

With the launch of our new website, we've moved Political Buzz.
Visit the new section.

Marijuana legalization could be windfall for government budgets

Post by Jordan Schrader / The News Tribune on March 22, 2012 at 12:19 pm |
March 22, 2012 12:21 pm

Catching up on some news on the campaign front, here’s coverage by The Stranger’s Dominic Holden and the Times’ Jonathan Martin on an eye-popping prediction from the governor’s budget office.

It estimates Initiative 502 would generate more than $560 million a year in taxes, more than double what supporters had been claiming.

That doesn’t count savings from cutting down on arrests. Here’s the preliminary fiscal note from the budget office, with key numbers on pages 7 and 11:

*
The News Tribune now uses Facebook commenting on selected blogs. See editor's column for more details. Commenters are expected to abide by terms of service for Facebook as well as commenting rules for thenewstribune.com. Report violators to webmaster@thenewstribune.com.