Tobacco Tax Just the Beginning. More New Federal Taxes Planned.Quicklink submitted by Robert Arend Permalink
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|Hot on the heals of the recent increase of the federal tax on cigarettes, which went from 35¢ to $1.01 per pack, the White House is planning taxes on several other consumer items. Most non-smoking Americans turned a blind eye to the tax increase on cigarettes. It's easy to have a holier-than-thou attitude when it comes to 'sin taxes,' but the next round of taxes will hit those same pious people in the wallet.|
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