Hate the Sin, Tax the Sinner?
Dramatically expanding the reach of the federal government by adding new “universal” entitlements, while at the same time pretending to manage the economy out of the pit of a severe economic downturn, is no mean feat. Which is why the sin tax, an excise tax on those goods that elected officials deem morally suspect, has come roaring back.
On May 18, Politico reported that the Senate Finance Committee was looking for ways to pay for President Barack Obama’s “sweeping
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