One of my favorite sayings is: " a promise is a debt unpaid". Well, if you've been paying attention the tax on cigarettes went up in our state by a little over a dollar today. Smokes now cost $6.75 for the 'premium' brand. This tax money is supposed to be used to pay for health care for chilren. It's called the CHIPS program. When Clinton was in office the tobacco companies were sued and gave up somewhere around $300 billion to the states. This money was earmarked for education programs to stop kids from starting on the weed and to help smokers cease. To date less than 1% has gone to that cause. Everyone should than a smoker today because they, the great percentage of whom are the poor, are funding health care for kids. Read the column from my most favorite fun web site, Ace of Spades HQ and get used to paying taxes. It's going to hit you soon.
One of President Barack Obama's campaign pledges on taxes went up in puffs of smoke Wednesday.
The largest increase in tobacco taxes took effect despite Obama's promise not to raise taxes of any kind on families earning under $250,000 or individuals under $200,000.
This is one tax that disproportionately affects the poor, who are more likely to smoke than the rich.
To be sure, Obama's tax promises in last year's campaign were most often made in the context of income taxes. Not always.
"I can make a firm pledge," he said in Dover, N.H., on Sept. 12. "Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes."
He repeatedly vowed "you will not see any of your taxes increase one single dime."
Now in office, Obama, who stopped smoking but has admitted he slips now and then, signed a law raising the tobacco tax nearly 62 cents on a pack of cigarettes, to $1.01. Other tobacco products saw similarly steep increases.
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