$10 Tax Per Cigar?
Wednesday, July 18, 2007
Kim DuToit pointed us to Business: Cigarmakers in a panic. The cigar makers aren't the only ones.
A 53% tax will pretty much fold up the industry. The amount of money we'll lose on unemployment claims will exceed the revenue collected. Unlike cigarettes, cigars are not an addiction. Except for the hardcore types, most cigar smokers will give up the pleasures of a good smoke. So the amount of tax collected will be quite small, but we'll get more people unemployed. Sounds like a typical Democratic plan.
I'll bet this has something to do with Hillary being angry about Bill's humidor.
A 53% tax will pretty much fold up the industry. The amount of money we'll lose on unemployment claims will exceed the revenue collected. Unlike cigarettes, cigars are not an addiction. Except for the hardcore types, most cigar smokers will give up the pleasures of a good smoke. So the amount of tax collected will be quite small, but we'll get more people unemployed. Sounds like a typical Democratic plan.
I'll bet this has something to do with Hillary being angry about Bill's humidor.
0 Comments:
Post a Comment
<< Home