Since taxes distort market outcomes and efficiencies, should the government legalize currently illegal drugs which have very inelastic demand and heavily tax them to generate revenue?

Please submit a three to four page paper, double spaced with proper APA citations answering the following:

Since taxes distort market outcomes and efficiencies, should the government legalize currently illegal drugs which have very inelastic demand and heavily tax them to generate revenue?

Please upload a PDF document into the system for submission.

NOTE: This paper should have a minimum of three citations.

Please review the grading rubric to learn how the grade for the paper will be calculated.

Unit 2 Paper Rubric

Students are encouraged to use the library resources to research their papers. The CPCC

Library has created the following guide to research for economics students: Library

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