The Washington Dimowits have decided to increase tobacco taxes through their S-CHIP legislation. Naturally, that means that less tobacco will be consumed.
And naturally, that will have an impact on State tobacco-tax revenues.
And naturally, that will blow a hole in the Wisconsin budget--either $13 million or $18 million, depending on which version passes.
AND, under the re-allocation plans, Wisconsin will lose an ADDITIONAL $330 million or so over the first 5 years of the plan.
One possible solution: have Spencer Black play Joe Camel at county fairs--recruiting new smokers will help. Maybe Nurse
Another solution: veto the damn thing.
HT: Human Events