Posted by Jon Fleischman at 12:00 am on May 26, 2009 Comments Off on Cigarette Tax Hike Proposal Begs The Question — Do Taxfighters Stand With Big Business, Industry When They Backed Income, Sales Taxes?
Sacramento Democrats, desperate to avoid the kind of reduction
in the size and scope of state government in California that are
needed to balance the state’s books, are unbelievably still
pursuing tax increases as a "solution" to chronic overspending, and
a tax code that is predictably volatile as it disproportionately
taxes the income of California’s wealthiest citizens.
In yesterday’s Los
Angeles Times there is a story about how Democrats are
supportive of a $1.50 per pack increase in cigarettes which,
according to their analysis, would result in a $1.2 billion
increase in tobacco tax revenues to the state’s general fund.
This is a stupid idea. As we have pointed out many times,
Californians are among the most overtaxed people in the entire
country, and the last thing we need is higher taxes, frankly, on
anything. Never mind the fact that this takes us back down
the path of the "sin tax" where all-knowing politicians in
Sacramento hoist taxes on activities that they decide are "bad" for
our collective community. Ironically, of course, taxes like
these… Read More