The fifteen years between your President Clinton's 1993 tax hike, and obama's cigarette February 2009 tax hike, it was the longest ever time between federal tax hikes.
Even the Bush tax cuts of 2001, (see below) cut people from the rolls, and little did we know what that would wrought. But first the cigarette tax hike.
Most people think it's fine to raise taxes on cigarettes. I don't smoke cigarettes, so I shouldn't care, right?
Consider this: Each year, the number of people who smoke goes down. When you raise the cigarrette tax, the number of people who smoke goes down even faster. Eventually, the amount of money collected by the cigarrete tax goes down. To make up for this "shortfall," they must raise taxes on something else.
When they raise taxes on cigarrettes, it eventually hits everyone else too.
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Back in 1994 Lambeau Field, Gary lit his cigarrette, and smoked proudly, as he spoke to his son about Bart Starr and Eddie Lee Ivory. He even blew smoke into the air, which I, no doubt may have ingested. He finished his cigarrette, and lit another. No one thought anything of it, as he opened yet another Miller High Life, to feed his beer belly.
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When former President Bush succeded in getting his tax cuts passed in 2001, he had no idea what would become of that. In essence, he cut nearly 13 million people from the federal tax rolls. Thirteen million people, who used to pay taxes, now, don't. In fact, many of those people now get much of jackflak's money in the form of a refund. I'm sure Bush never realized how many Democrat voters he was creating by doing that.
I spent my "rebate" on a treadmill, and am proud to say that I have lost 23 pounds since January 1st. In any case, we need more taxpayers, not fewer..
obama has promised to let those Bush tax cuts expire in 2011, which will let Democrats avoid a difficult vote. When this tax cut expires, it will amount to a tax increase on a lot of people. Many of those people will no doubt be obama voters.
The obama budget will boost federal spending more than 25%, and nearly triple the national debt over ten years. This is funny, considering candidate obama promised exactly the opposite. But all politcians lie, right?
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Meanwhile, back in 1994 Lambeau Field, Gary told me that he was for sure fired up about the "Contract With America." Finally, Gary thought, some guys in Washington might do, one thing, that he wanted.
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They did. And when Republicans won a resounding election in 1994, the media called it a "takeover." As if people ran up to the steps of the Capitol with guns in their hands.
Part III Coming Soon!!

you rule...
ReplyDeleteI am a huge fan of the Fair Tax (fairtax.org). Why? Everyone is taxed the same. Citizens, legals, tourists etc. So for those in an uproar about illegals slipping by, they will be taxed if they buy anything. Sure tax ciggys. That's great. Next thing you know shampoo and deodorant will be considered and luxury (and if it is, I am not going to give that up even if I have to somehow make the stuff myself.)
ReplyDeleteI live in NJ and everything here is taxed "fairly" (ha ha) high. We used to sell cheap booze and people would travel far and wide but that is even getting a tax hike. DE seemed like a great place to live but now people earning over $60K are getting a hike (and they don't have sales tax. Boy, would the fair tax be "unfair" there)
Taxes are needed but it is becomming obsurb. I agree with you Jack, what is next? I would think flushing the toilet. We all need to do that at some point. A quarter a flush. Bean burrito for dinner, $.50-$.75. Thankgiving would bring in the mighty penny and what would be more American that enacting the flushing tax on Turkey Day?
Or maybe flipping the light switch. It would really pay to go green here. A friend of mine at work picked up two rain barrels for me so I can collect rain water to spruce up my lawn during the drought this summer (there's a drought every summer). Just hook up a soaker hose and presto. Psuedo green lawn. Then they will probably tax me for being inventive. At least they are not taxing my words at the moment. So God Bless America!
-Betsy Ross