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The Office of National Drug Control Policy estimates that $100 billion worth of illegal drugs were sold in the US in 2013. [1] In the fiscal year of 2023, a total of 19,066 cases related to drugs were reported, with drug trafficking accounting for 18,939 of these cases.
The illegal drug trade, drug trafficking, or narcotrafficking is a global black market dedicated to the cultivation, manufacture, distribution and sale of prohibited drugs. Most jurisdictions prohibit trade, except under license , of many types of drugs through the use of drug prohibition laws .
Cocaine is the second most popular illegal recreational drug in the United States behind cannabis, [17] and the U.S. is the world's largest consumer of cocaine. [ 18 ] In 2020, the state of Oregon became the first U.S. state to decriminalize cocaine.
Proponents of drug prohibition argue that many negative externalities, or third party costs, are associated with the consumption of illegal drugs. [41]: 2043 [43]: 183 Externalities like violence, environmental effects on neighborhoods, increased health risks, and increased healthcare costs are often associated with the illegal drug market.
Internal Revenue Code section 280E specifically denies a deduction or credit for any expense in a business consisting of trafficking in illegal drugs "prohibited by Federal law or the law of any State in which such trade or business is conducted." [15]
In 2023, almost a third of U.S. adults said they skipped their prescribed medications due to cost. Between drug shortages and astronomical price markups, the cost of essential medications ...
A separate RCI analysis based on estimates developed by the U.S. Department of Justice’s National Institute of Justice (NIJ) suggests that crime by illegal aliens who entered the U.S. by July 21 ...
In 2020, the direct cost of drug prohibition to United States taxpayers was estimated at over $40 billion annually. [91] Prohibition can increase organized crime, government corruption, and mass incarceration via the trade in illegal drugs, while racial and gender disparities in enforcement are evident. [92] [93] [94]