Obama Wants to Tax Smokes, Beer, Soda and Chips

Michelle Malkin called the Obama administration’s plan to tax soda pop, cigarettes, alcohol,and other “luxury” products a “regressive tax” which will hurt poor people.

She appeared on Neil Cavuto’s Fox News program on Wednesday…..

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If you make big bucks — or enjoy alcohol, cigarettes and Coke — the government might hit you up to pay for fixing the nation’s health care system.

On Tuesday, the Senate Finance Committee peeked into vending machines and liquor stores, company payrolls and health savings accounts, looking for a mix of tax increases and spending cuts as a way to pay for a health overhaul — which could cost more than $1.5 trillion over 10 years.

Experts thought the big debate might be public plan vs. no public plan. But that may well pale in comparison to the difficulty of settling on a way to finance health care reform.

“I wish there were a number of painless options,” Robert Greenstein, executive director of the Center on Budget and Policy Priorities, wrote in his prepared testimony. “There aren’t.”
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Read the rest:
http://www.politico.com/news/stor
ies/0509/22444.html

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2 Responses to “Obama Wants to Tax Smokes, Beer, Soda and Chips”

  1. ShareYourVoice Says:

    The power to tax is the power to destroy. As retail sales fall, state revenue will also decline and jobs will be lost. In fact, the last time alcohol taxes were raised at the federal level, approximately 98,000 jobs and $1.3 billion in wages were lost in the industry, while states paid out more than $150 million in unemployment benefits.

    Most of these lost jobs will be in the ailing hospitality industry, which has already been hit hard enough by this recession. Let our leaders know that taxes on beer, wine and spirits would be bad for this country by visiting http://www.axetaxesnotjobs.com.

  2. Joe Says:

    Enough already!

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