Is legalized marijuana really a tax windfall?
Senate President Pro Temopore, Martin Looney, D-New Haven, urged lawmakers to consider legalizing the recreational use of marijuana in Connecticut, claiming it “could be a substantial revenue benefit to the state.” Chris Stiffler, an economist with the Colorado Fiscal Institute says the idea that it will bail out a state mired in deficits is not realistic. “There was this idea in Colorado that there would be an extra lane on every highway and an extra teacher in every classroom, but we’re not talking about those kinds of numbers.”