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Philip Klein: Obama's ill-conceived cigarette tax hike

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As part of his budget released last week, President Obama grasped onto a familiar crutch for desperate politicians when he called for a hike in the federal cigarette tax. On paper, the revenue stream is supposed to finance a new universal preschool program, but the justification for the tax goes up in smoke upon closer examination. Cigarette taxes and other so-called sin taxes have spread in...

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