If you care about Children's Health Insurance start smoking. Children's health depends on you. Please help, a life you safe could be your neighbors child. If you only smoke two packs a day(60 packs a month=$60.61) you could pay for a child's health insurance each month.
Wednesday, February 4, 2009 |
President Barack Hussein Obama will raise taxes this afternoon with his signature on the SCHIP bill scheduled to pass the House of Representatives today. (federal tax to $1.01 per pack)
The reauthorization of the State Children's Health Insurance Program includes massive tax increases on cigarettes, cigars and other tobacco products.
The bill Obama will sign today raises the federal tax on a pack of cigarettes by 62 cents (or $6.20 per carton) bringing the federal tax to $1.01 per pack.
Senate Majority Leader Harry Reid (D-NV) was quoted by the AP as saying of the bill signing, ""It's going to be a happy day for America."
A Heritage Foundation analysis of the bill reported that even with the massive tax increases, 22 million new smokers will be needed to pay for the expansion of SCHIP.
Headline - “Obama Raises Taxes on Cigarettes: Low Income Americans Hardest Hit!”