Tuesday, May 17, 2011

Cigarette-Tax Crime Wave

"Frederic Bastiat said that all economic policy has two sides, one seen and one unseen. Taxes don't only raise revenue (California's cigarette tax raised $839 million in fiscal year 2009-10); they also change consumers' behavior; for better, and for worse."

Michelle Steel: The unseen cigarette-tax crime wave | tax, taxes, cigarette - Opinion - The Orange County Register

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