(H/T – JammieWearingFool, who hasn’t had a Full Metal Jacket Reach-Around in a while)
The News Organization That Cannot Be Quoted™ reports that the Senate, not content with slapping a 3-cent-per-12-ounce tax on sugary drinks to pay for nationalized universal health care, is planning on massive increases in alcohol excise taxes to do the same:
– 17% on hard liquor, from $2.14 per fifth to $2.54 per fifth
– 233% on wine, from $0.21 per bottle to $0.70 per bottle
– 145% on beer, from $0.33 per six-pack to $0.71 per six-pack
Lest one thinks that they’re going to stop there, let’s run the numbers:
– It is estimated that nationalized universal health care will cost $1,500 billion over the first 10 years. We all know that’s a low-ball figure, but let’s run with it.
– The sugar tax would supposedly bring in $50 billion over that 10 years.
– The new alcohol tax would supposedly bring in $60 billion over 10 years.
That leaves, assuming the nationalized universal health care costs aren’t understated and the revenues aren’t overstated, a $1,390 billion hole. Need I remind the bipartisan Party-In-Government that California rejected tax increases yesterday? I seem to recall excessive taxation being the reason why we don’t bow to Queen Elizabeth II.
