by Matt Rosenberg October 23rd, 2012
The Seattle Channel’s “City Inside Out” takes a look at Initiative 502 in an informative TV magazine segment below. If approved by voters, the initiative would legalize possession in Washington state of an ounce or less of marijuana for medicinal or recreational purposes. Pot purchased from approved dispensaries would be taxed at a rate of 25 percent, adding as much as $500 million a year in state revenues, according to official estimates. Street busts of small-scale buyers and sellers, which clog courts and which some say unfairly ensnare African-Americans, would subside. But critics say the high tax would fuel continuing black market sales – and that because it’s still a federal crime to possess pot, I-502 raises more questions than it answers.
The question facing voters on the ballot: “This measure would license and regulate marijuana production, distribution, and possession for persons over twenty-one; remove state-law criminal and civil penalties for activities that it authorizes; tax marijuana sales; and earmark marijuana-related revenues. Should this measure be enacted into law?”
More from “City Inside Out.”
RELATED: “Marijuana legalization Leads In New Polls, But Not A Lock,” Seattle Times, 10/22/12