Quote Originally Posted by Eshlemon View Post
Exactly.

1 out of 8 are in jail for MJ, most all are in state and local jails. Leave it for the locals and states to continue putting potheads in jail along the lines of prohibition in NC...if a county wants to be dry they pay to enforce it.

But there won't be some great weight lifted off the federal budget. If legalized, the 5000 DEA agents and resources would be split into the ATF (or just now just DF, Drugs and Firearms) and IRS for revenue collection, Immigration and Customs to continue the fight against smuggling, FDA regarding illegal prescription drug use, etc.
Jeffery Miron, Harvard Econ. Prof.;

In our recent study, just released by the Cato Institute, we estimate the impact of legalization on federal, state, and local budgets. The report concludes that drug legalization would reduce government expenditure about $41.3 billion annually. Roughly $25.7 billion of this savings would accrue to state and local governments, and roughly $15.6 billion to the federal government. About $8.7 billion of the savings would result from legalization of marijuana, $20 billion from legalization of cocaine and heroin, and $12.6 billion from legalization of all other drugs.
Legalization would also generate tax revenue of roughly $46.7 billion annually if drugs were taxed at rates comparable to those on alcohol and tobacco. About $8.7 billion of this revenue would result from legalization of marijuana, $32.6 billion from legalization of cocaine and heroin, and $5.5 billion from legalization of all other drugs.


http://www.cato.org/publications/com...galizing-drugs