John Marston
Senior Member
Enforcing the war on drugs costs the US more than $51 billion each year, according to the Drug Policy Alliance. As of 2012, the US had spent $1 trillion on anti-drug efforts.
The spending estimates don't account for the loss of potential taxes on currently illegal substances. According to a 2010 paper from the libertarian Cato Institute, taxing and regulating illicit drugs similarly to tobacco and alcohol could raise $46.7 billion in tax revenue each year.
These annual costs — the spending, the lost potential taxes — add up to nearly 2 percent of state and federal budgets, which totaled an estimated $6.1 trillion in 2013. That's not a huge amount of money, but it's enforcing policies that have proven to not be very cost-effective as drug use and trafficking continue to be problems around the world.
Government Spending in United States Federal State Local for 2015 - Charts Tables History
http://www.drugpolicy.org/drug-war-statistics[URL]http://object.cato.org/sites/cato.org/files/pubs/pdf/DrugProhibitionWP.pdf[/URL]
The spending estimates don't account for the loss of potential taxes on currently illegal substances. According to a 2010 paper from the libertarian Cato Institute, taxing and regulating illicit drugs similarly to tobacco and alcohol could raise $46.7 billion in tax revenue each year.
These annual costs — the spending, the lost potential taxes — add up to nearly 2 percent of state and federal budgets, which totaled an estimated $6.1 trillion in 2013. That's not a huge amount of money, but it's enforcing policies that have proven to not be very cost-effective as drug use and trafficking continue to be problems around the world.
Government Spending in United States Federal State Local for 2015 - Charts Tables History
http://www.drugpolicy.org/drug-war-statistics[URL]http://object.cato.org/sites/cato.org/files/pubs/pdf/DrugProhibitionWP.pdf[/URL]