Vice Vice Baby: As states face budget shortfalls, cannabis and sports betting could flourish
When all else fails a certain part of the population will want to get high and to gamble. People will often suffer significant taxation to engage in such activities legally. This is why politicians have increasingly looked to “vices” to fill budgetary holes.
(From Fortune)
The ballot measures speak partly to changing public attitudes toward both marijuana use and gambling, activities that remain criminalized in large swaths of the country. Yet, both have been gradually accepted in jurisdictions across the U.S. Despite the continued federal prohibition of cannabis, recreational adult use of marijuana is now legal in 11 states plus the District of Columbia, while the Supreme Court’s decision to reverse a federal ban on sports betting in 2018 has seen the practice now allowed in 22 states plus D.C.
This article was originally posted here: https://www.ac2news.com/2020/11/vice-vice-baby-as-states-face-budget-shortfalls-cannabis-and-sports-betting-could-flourish/.
