Saturday, August 5, 2006

Higher Tax on Smokers

This is why cigarettes will never becoming a banned substance - governments will lose their cash cow.

The Courier-Journal -
Daniels will seek higher cigarette tax
Gov. Mitch Daniels said yesterday that he would seek an increase in cigarette taxes — though he didn't say how much — during next year's legislative session.

At the same time, he continued to resist calls from a key Democrat that he suspend the sales tax on gasoline.

Daniels, a Republican, had urged lawmakers to increase the cigarette tax by 25 cents a pack in this year's legislative session, saying it would discourage people from smoking. But his proposal to raise the tax, now 55.5 cents per pack, went nowhere.

The governor said it should come as no surprise that he would push for another increase when lawmakers convene in January. He said good ideas are worth pursuing even if they initially fail. (more...)

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