Can Legalized Pot Really Drive Economic Development?

New York City Mayor Eric Adams has gotten behind the idea of legalized pot as a way to generate revenue for the city. Charles Garcia: There are there sort of, I think, incentive reasons to want to tax sin goods, but they aren't necessarily the budget aides that they often presented as. A big part of the reason for this is because of the illegitimate market that people continue to stay in the illegal market rather than shifting into the tax market,.