Drugs should be taxed at a level where their cost is roughly the same as they are on the black market - This is actually a huge tax. Cocaine would be similarly priced to coffee if it was controlled in the same way*
The taxes earned should mostly go towards treatment and education.
Also, legalization doesn't mean completely uncontrolled. Potentially some drugs could only be legal with medical supervision, or not in public places, or not in certain places, etc
edit: * just checked and it's not actually true, it would still be around 100x more expensive
Drugs should be taxed at a level where their cost is roughly the same as they are on the black market - This is actually a huge tax. Cocaine would be similarly priced to coffee if it was controlled in the same way*
The taxes earned should mostly go towards treatment and education.
Also, legalization doesn't mean completely uncontrolled. Potentially some drugs could only be legal with medical supervision, or not in public places, or not in certain places, etc
edit: * just checked and it's not actually true, it would still be around 100x more expensive