S-CHIP Required Reading

[TheRiddick]

Originally Posted by Buena Fortuna

Who's going to use their stimulus funds to off set the S-CHIP increase??? Sounds like a plan to me

I am sure we'll see a run on cigars and RYO in the next month or so, right up to the March 30th cutoff. The only problem I see is that we'll end up with flat sales for the products after that point, for months to come, and that will lead to either some jobs lost (best case scenario) or closures of some places altogether and many more jobs lost.

I am watching CA budget impasse right now, the latest is that they will create a new tax on ALL alcoholic beverages, at $0.05 per drink. Not much, it seems, but I am not sure yet where that will start, if it starts at the production end, then it will escalate upwards eventually and that nickel becomes much more by the time you down that drink.

And as is, CA passed this "SCHIP like" tax on tobacco about 10 years ago, we will now pay on top of that. I would love to know where the money has gone for the past 10 years, if it hasn't worked in CA as intended, then why does Hussein's team believe it will work for the entire country? Anyone hear from Rob Reiner since he was able to enact this stupidity in CA and can he provide real time numbers for anyone to look at and see if the program actually works?

I'll fire off a few emails to Rush and O'Reilly and see if they want to pick this up.