MO Tobacco Tax Will Raise Cigarette Prices by 760 Percent
Election Day is slowly approaching in Missouri, and Proposition B, the largest proposed tax increase ever, will be on the ballot. On November 6, it will be up to you to make a decision that will affect the future of all Missourians in a major way for smokers and nonsmokers.
If nothing, Proposition B is very complex, and we want to offer important information that will allow you to make better decision. Below is an article written by Ronald L. Leone, executive director of the Missouri Petroleum Marketers and Convenience Store Association. This appeared in the St. Louis Post-Dispatch and highlights many of the concerns, you as a Missourian, should have about this radical tax increase.
For information on Prop B, visit NOMOtax.com.
Proposition Bs outrageous and unfair 760 percent tax increase, the largest tax increase in Missouris history, is not about education or health care. Its about greedy special interest groups, responsible tax policies, the proper size and scope of government and politicians wasting even more of your tax dollars.
Misleading statistics. Tobacco and health care statistics are irrelevant to the Prop B debate since not one single dime of Prop B is required to be spent on actually treating tobacco-related diseases. Not one single dime. Shouldnt a sin tax be used to cure the sin?
Education money will be diverted again. The states budget is a shell game, and there is no lock box guarantee that Prop B will actually increase education funding. Remember the broken education funding promises that came with the Lottery and casinos? Dont be fooled again.
Everyone will pay the $67 million-plus tab. Prop B increases government spending by hundreds of millions of dollars per year, could be used to expand welfare and fund Obamacare, and a leading economist predicts a decrease in tobacco sales alone will decrease state and local sales and other tax revenues by at least $67 million per year. The middle class will pay this tab forever just like always.
Slush fund for greedy political insiders. Prop B sets up a panel of nine unelected and unaccountable bureaucrats who control hundreds of millions of tax dollars. Prop B even allows these insiders to pay their friends and pocket this tax money.
Low taxes are a good thing. Low taxes on gasoline, alcohol and tobacco encourage cross-border sales from our higher-taxed border states, including Illinois, which drives economic development, creates jobs and generates much-needed local and state tax revenue. Increasing any tax when unemployment is high, housing prices are low and no one can afford to retire is a terrible idea.
If you are concerned about the effects Proposition B will have on Missouri businesses, and want to learn more, visit NOMOtax.com. You can join the e-mail list or even get involved. Remember VOTE NO ON PROP B!!!!