No Runny Eggs

The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think.

One Word…..Liar!

by @ 5:41 on April 2, 2009. Filed under Economy, Politics - National, Taxes.

During the campaign:

“Not any of your taxes!”

Today:

The cigarette excise tax that tobacco companies must pay the federal government rose Wednesday by 61.6 cents per pack, or $6.16 per carton. The tax now comes to about $10.10 per carton, or $1.01 per pack.

According to Gallup:

gallup

Looks like a pretty substantial tax increase, especially for those with the lowest incomes.

I’m beginning to wonder if when the Keynesians talk about the “multiplier effect,” they are referring to the number of times that people will need to spend the $12 per week that they got just to pay for the “No tax increases” that Obama promised.

One Response to “One Word…..Liar!”

[No Runny Eggs is proudly powered by WordPress.]