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When Tax Revenue drops - they find a new tax
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01-02-2009, 09:06 PM
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CigarDood
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Re: When Tax Revenue drops - they find a new tax
Quote:
Originally Posted by
macpappy
This reinforces the argument we all have made against using a Cigar tax to fund SCHIP - that higher taxes will reduce sales and means less taxes being collected.
http://news.yahoo.com/s/ap/20090103/...us/mileage_tax
http://en.wikipedia.org/wiki/Laffer_curve
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