Friday, May 06, 2011

The Laffer Curve Applies Everywhere!

An official state analysis of the bill also says that the proposed tax change would increase consumption of chewing tobacco and that sales "would rebound sufficiently" so that the state's tax coffers wouldn't be negatively affected.

Yes, you read that right: the Texas House, as part of its efforts (?) to deal with the state's budget deficit, has passed a bill to lower taxes on chewing tobacco.

If the "official state analysis" is correct, should we worry about the increased consumption leading to increased incidence of mouth cancer and other long-term health concerns?

No, silly. By the time anyone gets the cancer from chewing tobacco starting today, we'll long since have passed Dreamy McSerious's Magical Sparkle Pony Health Care Vouchers That Cover Everything Practically Always.

(h/t: Jack Stuef | pic. source | x-posted | also)

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