On Wednesday, the commissioners of Cook County, Illinois, repealed the controversial soda tax that went into effect in August of this year. December 1, 2017, will be the first day residents of Cook County will no longer be required to pay a one-cent-per-ounce tax on sugar sweetened beverages—and they’re better off without it. Although...
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A bill introduced for consideration in an upcoming special session of California’s legislature proposes to add an excise tax of $2 per pack to existing state and federal excise taxes on cigarettes. Proponents estimate that the new tax (levied on distributors) will raise $1.5 billion to help pay the healthcare costs incurred by low-income...
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According to a recent post by Scott Vorse on Brietbart’s “Big Government” website, MIT economics professor Jonathan Gruber, already in hot water for saying that “the stupidity of the American voter” was politically indispensable in getting Congress to pass the Affordable Care Act, previously had advised former NYC mayor Michael Bloomberg on tobacco tax...
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