All US smokers get ready to up your ante again...Our all-seeing Federal Govt. Congress members passed the S-CHIP legislation last week...this bill, if passed by the Senate, will most likely be signed by our new Pres...will add another DOLLAR to each pack of Cigarettes AND one DOLLAR to each cigar! All this in the name of providing additional health funding for children...
I don't really think the increase in tobacco 'sin' taxes will gain that much additional income over time...with less tobacco usage as time goes by, the tax funds will be reduced, causing our 'learned' law makers to turn to some other product to keep their coffers 'flush'...it's indeed another one of those 'slippery slopes' we've had imposed on us all...
There are all kinds of arguments out there referring to tobacco users causing increased costs in health care, and they should have to pay more through these 'sin' taxes....However, I read an interesting, and rather unsettling statistic saying that due to smoker's average lifespan being 8-10 years shorter than non-smokers, they were actually SAVING us more money in SSA, and Medicare payments by dying sooner than most...
Remember a few years ago when our all-knowing law makers passed laws imposing excise taxes on motorhomes and large yachts...the thinking was to just add these taxes to stuff the 'rich' would be buying...yeah, sure, so what happened...the 'rich' sent their yacht business overseas, many of our domestic boat builders went belly up, causing many lost jobs, right on down the 'labor' chain, etc...these guys back in DC just don't get it!
Lucky for us, after a few years, they descended that law, and much of that industry returned to our shores...till the big 'E'conomy went in the dumper, that is...
I'm going to outside, 100 feet away from the entrance of the building (per Calif law), and light up a Stogie...one of life's small pleasures, while I try to forget about all the money wasted at the govt. 'trough'....