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Tobacco Tax Just the Beginning. More New Federal Taxes Planned.

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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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