Feds are now in the cigarette industry
 

http://apnews.myway.com/article/20090612/D98OQ0CG0.html

All well and good intentions except for one oversight. The taxes from these products make up a large portion of the tax income.

Someone will have to pick up the slack somewhere.

So far this week let see Feds involved in Cell phones, auto industry, banks, corporate management, Cigarettes, and Im sure Ive missed a few others.

Anyone else seeing a trend here?

Well, they got my last tax dollars on cigarettes three weeks ago. As far as the Fed making up that lost revenue....charge the health nuts:D

Been doing this for years in the uk....simply hit alcohol and fuel duty harder to compensate. Oh....nearly forgot the dreaded VAT also :doh:

Well sure Jim, they nail you on your vices and necessities. Alcohol, tobacco are the vices. Gas/petrol/fuel or whatever it is called in your neck of the words is taxed to the gills. Like I suggested though, start taxing the health gyms, the sale of any fruites and vegetables get an extra tax. Vitamins...TAX them also. Anything the health nuts use gets taxed more to compensate. :yeah:

I thought he was a Socialist? (The specific type, however, I never got an answer on).

So he's a Fascist?

PICK ONE, DAMMIT.

Bush socialized AIG, Fannie, Freddie, GM, Chrysler, the TSA, the prescription drug insurance industry for seniors, nineteen banks …and Obama’s the “Socialist?” :88)

He is a Socicommufascidemocrat!

All the above came under pressure to appease the left side of the Isle. By the way Im pretty sure that Bush 'inherated' some of these issues from previous administrations as well.

Yes of course Barry 'inherited' all these issues but hes done one hell of a job making it worse.

The day I heard the proposal to spend our way out of debt I knew were in the crapper.

Oh and I dont remember 'socializing' GM or Chrysler till now.

Socialist, communist, whatever. They're all statists, and there is very little room for the state in a free society.

I was a Democrat, at one time, until I began studying government.
Then, I believed that Republicans were against big government, but their actions say otherwise, so now I hate both parties, although I still lean Republican over Democrat, if for no reason other than that big business is better than poor business.

I often wonder if, in the end, McCain would have handled the economy that much different.....:hmmm:

under overwhelming public opposition to the stimulus packages, and overwhelming republican opposition to the stimulus packages... i think he would have handled this whole affair differently.

we have lost our power over the government... We the people used to be in charge... now congress does what it wants - to hell with us!