April Fools and April 15th
April 15, 2009 • by Eric Schansberg
Just in time for April 1st and April 15th, let’s talk about taxes.
On April 1st, the excise tax on cigarettes was increased dramatically—from $.39 to $1.01 per pack. It’s fitting that this occurred on April Fools’ Day, since it served to break President Obama’s campaign pledge not to increase “any form of” taxes on any family making less than $250,000 per year. Continue Reading...