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To: Nachum
Obama Signs Federal Cigarette Tax Hike

On Feb. 4, 2009, only two weeks after being sworn into office, Barack Obama signed a bill to increase spending on the State Children’s Health Insurance Program (known as SCHIP) by $32.8 billion, to be funded by tax increases on cigarettes and other tobacco products.

This broke his promise of no tax increases for people making less than $250,000 annually. Or did he think only milionaires smoke cigarettes?

Obama's U.S. Federal Tax Increases on Tobacco:
(pay special attention to 3d item down)

Tax on a pack of cigarettes from $0.39 to $1.01 per pack

Tax on pipe tobacco from $1.0969 per pound to $2.83 per pound

Tax on RYO tobacco from $1.0969 per pound to $24.78 per pound

Tax on cigarette papers (50 or less) from $0.0122 to $0.0315

Tax on cigarette tubes (50 or less) from $0.0244 to $0.0630


2 posted on 08/19/2012 5:29:37 PM PDT by Iron Munro ("In any compromise between good and evil, it is only evil that can profit." - Ayn Rand)
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To: Iron Munro
Tax on RYO tobacco from $1.0969 per pound to $24.78 per pound

Holy crap!? A RYO Tobacco place opened up a block from here. How can anyone afford the stuff??
4 posted on 08/19/2012 5:38:42 PM PDT by visualops (artlife.us)
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To: Iron Munro
Tax on cigarette papers (50 or less) from $0.0122 to $0.0315

This'll make choomin' more expensive. Just like Obama to screw his buddies.

----

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5 posted on 08/19/2012 5:58:52 PM PDT by JCG
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