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CRedskinsRule · 03-09-2009, 12:57 PM

Let me preface this by saying I don't smoke.
I walked into Royal Farms for my morning coffee, and one guy was thinking about getting cigarettes but decided not to get them. Turns out that the new 70 cent federal tax was being charged to help fund SCHIP, the state children health insurance program.
I guess I bring it up to say, I am willing to bet that cigarette consumption goes down, thus tax revenue will not meet projections, and what politician is going to
a) reduce the cigarette tax
b) reduce SCHIP
The answer is none, at least none that want to be re-elected and not demonized, so it will stay and need federal funding not accounted for in Stimulus program and keep a depressed economy even moreso.

03-09-2009, 12:57 PM	#142
CRedskinsRule Living Legend Join Date: Aug 2008 Age: 59 Posts: 21,744	Re: How Low Can It Go? Let me preface this by saying I don't smoke. I walked into Royal Farms for my morning coffee, and one guy was thinking about getting cigarettes but decided not to get them. Turns out that the new 70 cent federal tax was being charged to help fund SCHIP, the state children health insurance program. I guess I bring it up to say, I am willing to bet that cigarette consumption goes down, thus tax revenue will not meet projections, and what politician is going to a) reduce the cigarette tax b) reduce SCHIP The answer is none, at least none that want to be re-elected and not demonized, so it will stay and need federal funding not accounted for in Stimulus program and keep a depressed economy even moreso.