O my Gosh, Revenues will go down????????????????????????????
From JS ONLINE
Cigarette tax may be only a short-term budget fix
Sales might dwindle; state collections could soar, then sag
By STEVEN WALTERS and STACY FORSTERswalters@journalsentinel.com
Posted: Nov. 2, 2007
Madison - Wisconsin's decision to raise its cigarette tax for the first time since 2001 raises two questions: How much new revenue will the $1-a-pack jump in the tax generate? And will more Wisconsin smokers buy off the Internet or elsewhere to avoid the higher tax?
The state budget deal balanced state spending, in part, on the backs of smokers by raising the current 77 cent tax to $1.77, starting in January.
When fully implemented, cigarette tax collections will rise almost 80% in just three years - from $296 million in 2006 to $531 million in 2009, according to the Legislative Fiscal Bureau.
Link to full Article
The last paragraph, Diamond Jim says WHAT??????????????????????????????
Democratic Gov. Jim Doyle, who first recommended a $1.25-a-pack increase in the cigarette tax, said he wants smokers to stop and conceded that taxing them won't necessarily balance future budgets.
That's nice to know Jim!
Where are you going to get the revenue from?????????????????????????
OK the loony people in Iowa backed off on the pumpkin tax, but you
know they are looking for something to tax.
What can Diamond Jim tax the people of Wisconsin?
Hey Cranberries - they make a good decoration on the table at Thanksgiving
and Christmas. You know , some people put them on a string with popcorn for decorating there Christmas tree. We can even get back at those evil cranberry growers . You know the ones that A G Peg was sueing a couple of years ago. Oh she's gone but we got this RINO named J B. Maybe ,maybe not , it's a toss up!!!!!!!!!!!!!!
Hey "corn", you see lots of houses that hang two cobs of corn on the door in the fall.
You know they call it Ind_ _ _ oops It's American corn ( I have to be politically correct)
Sorry can't do that, the ethanol guys will get mad if we tax there free money they get from the
government grants and subsidy's. ( first we pay taxes , the government collects it from us and then gives it to the ethanol producers , we can't tax a tax, heaven forbid) !!!!!!!!!!
Tax on all "cooking oil" !!!!!!!!!!!
You know , deep fry ed foods , leads to cloresteral, leads to heart disease, leads to poor people with out health care , leads to liberal wackos saying people should not eat fatty foods, Yada , Yada , Yada!!!!!!!!! I like this one, could happen.
"Bottled water", Remember only the rich buy bottled water, the poor cannot afford a $1.39 bottle of water. "Soak" (get it- water- soak) the rich. "Paul not funny"
I like this one, could happen.
Hey, "olives" You know the green one's . People drink adult beverages- vodka is my choice, some prefer gin. Olives go in drinks, drinks are already taxed ,what a combo!!!!!!!!!!!!!!!!!!!!!! I know, any olive, baby corn, or mushroom in any 6 oz or less jar or can. I Like this one too, might happen.
Hey, ATM tax. Cool, every time you make a transaction at a ATM the state gets a nickle or a dime, "Paul small mind", banks and casino's already grab $2.00 bucks a crack. Why are you thinking nickles and dimes , small potatoes, lets just say a buck a crack for a tax. Wow , this could be a real money driver!!!!!!!!!!!!!!!!
Lake or river front property. Yeah this is good. Tax $1.00 a foot for lake front or river frontage per year. If you like to live on the water then you should be able to pay for it. We would have a $56.00 tax per year for our place alone! Put it on the property tax bill and no will see it. Ka-ching, oh baby this could bring in serious revenue!!!!!!!!!!!!!
Green Grass Tax, oh yea, I like it already. If you cut your lawn you would be taxed extra on your taxes. In the city they can fine you for not cutting your lawn, so they got you both ways. They charge you for your water in the city so why not have a Green Grass Tax. They just have to put it on your property tax bill and you will never know about it. Oh yea, good one!!!!!!!!!!!!!!!!!!!!!!!
Electric sur tax in December only . You decorate your house for Christmas and pay a one month tax on the electricity you use to brighten up your house around the holidays. Sorry, won't work, the atheists don't decorate for the (Happy Holiday) season. They would tell Diamond Jim to take a leap!!!!!!!!!! No wouldn't work.
I got it! A tax on all fantasy sports leagues. You charge a dollar a person per league and you can make millions. Oh baby this is a good one!!!!!!!!!!!!!!!!!!!!
Well, we all know the looney left will come up with some way to tax us all , but your guess is as good as mine. They will tax what ever they can to keep power.
If you have a tax idea for Diamond Jim , please let me know I I will add it to the list.