President Obama’s plan to raise the federal cigarette tax by 94 cents a pack would put 2 million low and middle-income kids through preschool, a new report has concluded. Obama’s fiscal 2014 budget proposal calls for a near doubling of the tax, from $1.01 to $1.95 per pack, with the proceeds going toward an expansion of early childhood education. Taxes on other tobacco products would increase proportionally, bringing the estimated additional revenue to an estimated $78 billion over the next decade.“Taken together, these two measures would help ensure a future of smart, healthy kids nationwide and in every state,” according...
