Saturday, November 10, 2007

Congress Wants to Put Out Cigarettes, Ultimately Charge You for SCHIP

Congress is taking new whacks at the cigarette industry, banning tobacco Congress is taking new whacks at the cigarette industry, banning tobacco sales in Senate buildings and -- more importantly -- seeking a significant federal tax increase on cigarettes according to the Associated Press.
Other congressional actions could have a far greater impact on the industry. A Senate committee recently approved legislation that would, for the first time, allow federal regulation of cigarettes. The bill, also pending in the House, would require the Food and Drug Administration to restrict tobacco advertising, regulate warning labels and remove hazardous ingredients.
If cigarettes are legislated and taxed out of existence, where will the money come from to fund Democrat health programs like SCHIP?

The answer to that question is, and must be, higher taxes passed along to the middle class.

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