A budget cure: Marijuana taxes?

By John Dyer, MSN Money
Daniel Stein says the salvation of U.S. taxpayers could be marijuana.

As Washington breaks the bank on Wall Street bailouts, President Barack Obama's stimulus package and other spend-now, pay-later measures, most observers agree that politicians will eventually need to increase revenue or cut spending to cover the federal government's debts.

Stein believes Washington could begin to balance its books now if politicians would take a serious look at his industry. The owner of two retail outlets that he claims generate $1 million in revenue annually, Stein says he pays around $80,000 a year in sales taxes to the state of California. But the federal government, which does not acknowledge Stein's sales as legitimate commerce, gets nothing from his business.

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