After reading this article regarding a proposed hike in the federal cigarette tax, I have to wonder why Governor Doyle would laud the exact same efforts in our fair state. He must really hate the poor:
This past week, Senate negotiators agreed on a bill that would increase the federal cigarette tax by 156 percent (from 39 cents to $1.00) in order to raise $35 billion for the popular SCHIP program that gives federal money to states for children's health insurance. SCHIP is set to expire at the end of fiscal year 2007 (Sept. 30)....Not only are the payers of cigarette taxes poorer as a group than the payers of these other taxes, but there are fewer of them. In fact, the burden of the proposed cigarette tax hike on the lowest-earning 20 percent of households is 37 times heavier than it would be if the government raised the money with the federal income tax. Put another way, the proposed cigarette tax hike would hit the poor with the same force as cutting the Earned Income Tax Credit (EITC) by one-fourth.
And here I thought he was progressive. Apparently not. Via Hit & Run.
Disclaimer The opinions expressed herein are my own personal opinions and do not represent my employer's view in anyway.