“New York City Comptroller John Liu Wednesday released a report calling for the legalization, regulation, and taxation of marijuana. Doing so would reduce the harms generated by marijuana prohibition and generate more than $400 million a year in taxes to pay for higher education, Liu said.  Liu estimated the size of the city’s marijuana market at $1.65 billion a year and proposed using tax revenues from the legalized trade to cut tuition at the City University of New York (CUNY) by up to 50%. ‘In this way, we’ll invest in young people’s futures, instead of ruining them,’ he said.”

http://stopthedrugwar.org/chronicle/2013/aug/15/nyc_comptroller_says_legalize_an

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