Illicit Marijuana Market |
$112,947,860,206
|
|
|
GDP % |
|
State /Local Government Revenue Loss |
10.30%
|
$11,633,629,601
|
Federal Government Revenue Loss |
||
Individual Income Taxes |
8.00%
|
$9,035,828,817
|
Corporation Taxes |
2.70%
|
$3,049,592,226
|
Social Insurance |
6.40%
|
$7,228,663,053
|
Excise Taxes |
0.06%
|
$67,768,716
|
Other |
0.07%
|
$79,063,502
|
Total Federal Revenue Loss |
18.40%
|
$19,460,916,314
|
Total Federal/State Revenue Loss |
28.70%
|
$31,094,545,915
|
Source for GDP%: Office of Management and Budget, The Budget for Fiscal year 2008, Historical Tables, (Washington, D.C.: Government Printing Office, 2007) Table 2.3, Year 2006, pg 34-35.