The pros and cons of

The pros and cons of taxing sin

Jim Leitzel, at the blog Vice Squad, looks at the pros and cons of legalizing and taxing vices such as drugs and prostitution. There are two related postings. This one, on discussions over potential legalization of prostitution, "Legal Prostitution for Las Vegas? Thailand?" is the basis for the second, which gives an economic analysis of the pros and cons of legalizing and taxing this and other vices: "Tax Revenues as a Benefit of Vice Legalization".