Thursday, August 16, 2007
Today, the Senate passed a bill that would fund a children's health program (S-CHIP) by increasing taxes on tabacco. Taxes on packs of cigarrettes would go up to $1.00 a pack. And ... A, are you sitting? ... taxes on cigars would go up from 5 cents per cigar to $3 - $10 per cigar. You read that right. The Senate bill had an increase to $3 while the House had an increase to $10 per cigar!! The President said he would veto the bill, but the Senate passed it with a veto-proof 68 votes. Obama, by the way, was one of those yea votes.