Good Day, Bad Day
Taxing smokers, riches for Queens
GOOD DAY FOR: Taxing smokers, as a study published today concludes that not taxing the $113 billion U.S. marijuana industry, plus enforcing anti-marijuana laws, costs U.S. taxpayers $41.8 billion a year. The study, by George Mason Ph.D. student Jon Gettman, estimates that 25 million Americans consume about 31 million pounds of pot annually. (Forbes.com)
BAD DAY FOR: Riches for Queens, as the New York Mets’ late-season collapse will cost the team as much as $15 million in postseason revenue. The team’s failure could also impact next season’s ticket and ad sales. With 17 games to go in regular season play, the Mets went from leading their division by seven games to losing even the Wild Card slot. (CNNMoney.com)
Join 350,000+ subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.