There’s a way for Illinois to potentially raise $100 million in new tax revenue which isn’t being publicly discussed by state lawmakers. That option is legalizing marijuana for recreational use. Four other states with much smaller populations than Illinois have already done so, and Dan Linn, executive director of the Illinois chapter of NORML (National Organization for the Reform of Marijuana Laws), predicts a legal pot program would reap large tax benefits for the state.
“Somewhere around the $100 million mark, I think, is accurate, but it also depends on what type of taxing mechanism there is, what type of tax rate there would be on recreational cannabis here in Illinois.”
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