Wednesday, June 09, 2010

Proposed Illinois Smoking Tax is Smoke & Mirrors

The Tobacco Tax Trap is baaaaaack.

Will it raise revenue? Probably not and will have unintended consequences, driving people across state lines. And it would hurt the poor the most. It's a regressive tax, and it's steep already around here:

If a dollar increase in taxes were passed, the average cost of a pack cigarettes would rise to $7.26 across most of Illinois. In Cook County and the City of Chicago the price would rise to nearly $10 per pack.
It's nanny state, and it's a bad idea.

Cut state spending in Illinois. Enough with the smoke & mirrors budgeting.

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