Posted on 01/09/2009 5:15:01 AM PST by RU88
House Majority Leader Steny Hoyer announced Wednesday that the House will vote next week on expanding the State Childrens Health Insurance Program, which will be funded by an increased excise tax on cigarettes and cigars. A 156 percent tax increase The legislation would impose a 156 percent tax increase on smokers, raising the 39-cents per pack federal cigarette tax to one dollar.
(Excerpt) Read more at msnbc.msn.com ...
Lovely
go democrats go!
show us how petty tyrants REALLY raise revenue
Watch the Black market after this increase. I will bet there is a very small increase in actual revenue with this punitive tax. It will be gasoline next folks.
We know it would begin. The question is when will it end?
All this is going to do is expand the black market on cigarettes.
So stop smoking store bought.
And then we’ll need another tax to “bail out” tobacco farmers hurt by the rising price in cigarettes caused by Hoyer’s tax...
We’ve already got a proposed gas tax increase here in NC because of decreased revenue from lack of driving. It’s a wonderful whipsaw isn’t it?
52% of the voters believe that the government can do a better job at managing the economy then the free market and therefore welcome , with open arms , all new taxes..........I actually have conversations with people who make 6 figures that believe we should raise taxes ........I have become speechless at their lack of knowledge in both history and economics.....
“We cannot expect the Americans to jump from Capitalism to Communism, but we can assist their elected leaders in giving Americans small doses of Socialism, until they suddenly awake to find they have Communism.”
- Nikita Khrushchev, Premiere of the former Soviet Union, 3-1/2 months before his first visit to the United States.
I think I read somewhere yesterday that $170 mil of gas tax money here in NC was spent on a lot of things other than roads.
Question:Is there an ballot initiative process in NC?
Some times education fails it’s a sad thing when people think like that.
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