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To: SheLion; zcat
The law was one of Mayor Michael Bloomberg's pet projects; he signed it on June 30 with much fanfare, claiming that it will both save lives and generate $111 million in additional revenues next year. And Bloomberg's supposed to be a financial Whiz? Does that $111 million "additional revenue" reflect the decline in sales as a result of the confiscatory tax?

Zcat's comment: The states sure did cross the line. They want to balance their budgets on the backs of the smokers, yet they say they want Smoke Free Everything! They sure aren't getting both! Right on the money.

Problem is: These politicians continue to fund their addictive habit of spending via taxing people's addictive behavior. As people modify their behavior as a result of the taxation, our tax-money addicts will need to go on a methadone program. Or not. You already see it as attorneys and states greedily eyeball the casino and fast food industries.

17 posted on 07/29/2002 4:52:15 PM PDT by Fizzie
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To: Fizzie
Don't forget alcohol. That's a huge target.
20 posted on 07/29/2002 4:56:55 PM PDT by WIMom
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