Wednesday, July 04, 2012

Obama's New Assault on Smokers Starts Friday: Roll-your-own cigarette stores going up in smoke

The Chicago Sun-Times reports on Obama's new job killer:
On Friday, President Barack Obama is expected to sign into law a federal highway bill with a section that redefines tobacco manufacturers to include any business with a roll-your-own cigarette machine and taxes those products at the same rate as packaged smokes.

The move comes a month after Illinois increased taxes on such roll-your-own machine-made cigarettes.

Marcia Smith, 47, of Lake County, decided after the state tax increase that she should move her Smokes & Such tobacco shops in Skokie and Gurnee to Wisconsin, where taxes on rolled cigarettes are lower.

If Obama signs the law, she said she’ll shut her doors.
A new Obama tax increase.