Tuesday, December 16, 2008

Smokers Beware

f you trying to quit smoking well the Government bless it soul ( cold hearted entity as it is ) is going to help you. Want to know how? Of course you do see I work for a good man that owns several tobacco stores. Being political minded he is very in tuned to what may effect his business. So here's the story;

A News Update from the National Association Of Tobacco Outlets
November 10, 2008


SCHIP to be Top Priority for Congressional Democrats

CQ Politics reported on Friday, November 6th that the Demcrats in Congress plan to move quickly in the New Year to pass a major expansion of SCHIP, the State Children's Health Insurance Program. House Speaker Nancy Pelosi was interviewed on NPR ( National Public Radio) last Wednesday and stated that the expansion of SCHIP " Will probaly be one of the first bills we would put on President Obama's desk."

In 2007 the U.S. Senate and U.S. House passed a $35 billion dollar SCHIP expansion bill twice, but President Bush vetoed two times the legislation and his vetoes were not overridden. The proposed tax increases on cigarettes and tobacco products in two bills that passed were:


SCHIP Tax Rates

Tobacco Product Current Tax Rates SCHIP Tax Rates %Tax Increase

Cigarettes .39 cent per pack $1.00 per pack 156.4%

Large 20.719% of manufacture's 33% of manufacture's 6,000%
Cigar price;cap of 4.875 cent cigar price cap of $3.00 cigar

Little .4 cent per pack $1.00 per pack 2,197%
Cigar

Pipe $1.0969 per pound $2.8126 per pound 156.4%
Tobacco

Chewing 19.5 cent per pound .50 cent per pound 156.4%
Tobacco

Snuff 58.5 cent per pound $1.50 per pound 156.4%

RYO $1.0969 per pound 48.8889 per pound 710.36%
Tobacco
(roll your own)

As you look at this for those that may have a interest, keep in mind this has already passed the House and the Senate.
It needs a Presidential signature to go in to effect.
So if you smoke you may want to consider making your New Year Resolution with, planning ahead a Smoke Out. Keep your eye on this one!!

Work Smart Be Blessed
I Will Return
Leedav

P.S. If you like this one and sign up my ID#6
http://www.sharingthegoodlife.com/

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