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Rep. Mary Lou Dickerson, a state senator from Washington state has a new bill that would legalize marijuana and allow it to be taxed for state revenue. Here’s how the people at Crooks And Liars see the bill.

Under her bill, marijuana would be sold in Washington state’s 160 state-run liquor stores, and customers, 21 and older, would pay a tax of 15 percent per gram. The measure would dedicate most of the money raised for substance abuse prevention and treatment, which is facing potential cuts in the state budget. Dickerson said the measure could eventually bring in as much to state coffers as alcohol does, more than $300 million a year.

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