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Democrats’ 1121% Tax Increase

Countryman Wrote: Feb 11, 2013 8:10 PM

The bill is S. 194, not S. 174, which is an ammunition background check. At any rate, the bill was introduced last year, in the 112th session, and never made it out of committee. The present bill is the same, stuck in committee. I wouldn't get too excited about it passing, too many legislators from tobacco producing states see this as a death knell for their constituents (literally). Small farmers who derive most of their income from plots of tobacco are very politically active in those states.

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Democrats’ 1121% Tax Increase

That is not a typo.

A group of Democrat senators, none of whom are particularly friendly to law-abiding consumers, have introduced a bill (S.174) that would hike taxes by as much as 1,121 percent on some tobacco products. According to feisty New Jersey Senator Frank Lautenberg, who will be a nonagenarian next year, the bill is necessary because some tobacco companies are “gaming the system.”

Gaming what system, Frank?

Well, back in 2009, one of the first bills President Obama signed was a costly reauthorization of the Children’s Health Insurance Program (CHIP). To finance the expansion of this nice...

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