Decriminalization of non-medical cannabis in the United States and federal prisons and an upwards of 750,000 in local jails for marijuana related crimes. Today there are over 1.5 million Americans serving time in an institution. If marijuana was decriminalized, these numbers were further be reduced again to below 700,000 inmates and save the taxpayers billions of dollars per year. The United States spends an estimated $68 billion per year on prisoners with a third of that number have been incarcerated for non-violent drug crimes including a sixth of those numbers as marijuana drug related offenses. A reduction in the prison population due to decriminalizing marijuana could save an
Half-year convention deducted on December 31. Year 4- $10,000 deduction taken. $5,000 deducted on June 30. $5,000 deducted on December 31. Year 5- $10,000 deduction taken. $5,000 deducted on June 30. $5,000 deducted on December 31. Year 6- $5,000 deduction taken on June 30. For taxpayers, the half-year convention does not require knowledge or proof of the date on which depreciable property is placed in service. Depreciable property is assumed to be placed into service on July 1 of the year in which it is placed into service. The Internal Revenue Service is fond of the rule because without it, taxpayers would