Good Idea

Posted: 04:00 PM ET

FROM CNN’s Jack Cafferty:

Health care reform won’t come cheap, and that’s why lawmakers are considering higher taxes on everything from alcohol and cigarettes to junk food and soda as a way to pay for it. The Senate Finance Committee is looking into how to pay for this massive overhaul, which could cost $1.5 trillion over 10 years.

So-called sin taxes may raise $600 billion over the next decade.

Several experts are suggesting taxes on bad behavior, including a $2 dollar tax on a pack of cigarettes and a higher excise tax on alcohol.

Politico reports that the ranking Republican on the committee, Senator Chuck Grassley is nixing the idea of taxing soda and sugary drinks. But it’s easy to see why so-called sin taxes are appealing — taxing cigarettes, junk foods and alcohol could raise $600 billion over 10 years.

A recent poll found support among Americans for imposing such taxes to help pay for health care reform. The Kaiser Family Foundation survey shows 61 percent of those polled say they would be in favor of raising taxes on items that are thought to be unhealthy — like cigarettes, alcohol, junk food and soda. 37 percent are opposed.

When asked about specific items, there’s more support for taxing cigarettes and alcohol than snack foods and soda.

But before you start hoarding your beer and chips, Congress is also looking at other ways to pay for reform — like eliminating the tax-free status of company health benefits along with non-health related options like capping the deduction on charitable donations.

Advertisements

1 Comment

Filed under Uncategorized

One response to “Good Idea

  1. jdevanus

    Then we could tax everybody that drives over the speed limit or who doesn’t take care of their health by going to yearly doctors exams. We could tax those who don’t get their teeth cleaned because that contributes to poor health, and heart disease. We could tax people that don’t exercise too! Good idea!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s