This final note today, in which President Obama chooses between cigarettes, soda and booze.
David Leonhardt points out on the New York Times website this afternoon that in the Obama budget, the President prefers taxes on tobacco over those on soft drinks and alcohol. The tax on a pack of smokes would just about double under the president's plan, to almost $2 a pack. Federal taxes on soda and beer, wine and hard liquor, meanwhile, haven't budged in 20 years or more.
Pick your sin, I suppose.
“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VABEFORE YOU GO