When Tax Revenue drops - they find a new tax

01-02-2009, 09:06 PM

#13

CigarDood

Adjusting to the Life

Join Date: Oct 2008

Location: DC

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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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