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Schwarzenegger open to studying marijuana tax idea

May 5, 2009 |  2:06 pm

Arnold mug Gov. Arnold Schwarzenegger says California should study other nations’ experiences in legalizing and taxing marijuana, although he is not supporting the idea.

He says it’s time to debate proposals such as a bill introduced in the Legislature earlier this year that would treat marijuana like alcohol. Assemblyman Tom Ammiano, a San Francisco Democrat, says taxing marijuana at $50 per ounce would bring more than $1 billion a year to the state.

Schwarzenegger said during a Tuesday news conference that “it’s time for debate” on the idea. But he warned against making harmful decisions just for the sake of raising money.

He said some other nations have had negative experiences. Ammiano’s bill is on hold in the Legislature. He delayed seeking approval until next year.

-- Associated Press

Photo credit: Los Angeles Times