Wednesday, May 28, 2014

Alcohol Taxes Should Be Tripled

America is rushing headlong toward legalizing the recreational use of marijuana. A growing majority—54 percent as of a Pew survey released just last month—favor legalization, and an even larger majority of millennials (69 percent) feels the same way. Colorado and Washington are the first states to move decisively in this direction, but they won’t be the last. I basically think this is an OK development. Like Mark Kleiman, a public policy professor at UCLA who is my guru on the regulation of...

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