Legalizing prostitution and marijuana could be the ticket out to decreasing the state's present $41 billion deficit, according to some financial pros.According to David Lazarus, a financial writer for the Los Angeles Times, both pot smoking and prostitution are very popular "sins" that, if legalized and taxed, could produce millions or even billions in extra revenue for California.
A number of Lazarus's financial industry colleagues have backed the proposals, though there is more positive energy for the marijuana side than the prostitution side.
In order for these ideas to make progress, they both would have to go before the voters as ballot measures.
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