Tuesday, August 14, 2007

It Was A Given When Government Raises Sin Taxes

That the private sector will find ways to benefit from this action. The last figures I heard that the government has lost something like $1.6 billion in taxes. Ask yourself who are the individuals benefitting.........The underground products -- mostly coming from native reserves in the United States or Ontario -- rob the legitimate industry and government of revenue, shrink the high prices that are considered a key deterrent to potential smokers and allegedly fuel organized crime.

Ottawa To Mark Tobacco
The federal government is ordering high-security tax stamps for cigarette packages and planning stepped-up audits of tobacco factories and farms in a new campaign against the increasing number of contraband cigarettes flooding the Canadian market.

No comments:

About Me

My photo
I lean to the right but I still have a heart and if I have a mission it is to respond to attacks on people not available to protect themselves and to point out the hypocrisy of the left at every opportunity.MY MAJOR GOAL IS HIGHLIGHT THE HYPOCRISY AND STUPIDITY OF THE LEFTISTS ON TORONTO CITY COUNCIL. Last word: In the final analysis this blog is a relief valve for my rants/raves.

Blog Archive