Friday, January 25, 2013

Obamacare 2013= Ultimate Sin Tax for Smokers, to get you to quit Cold-Turkey or wind up a Poor-Turkey.?


WASHINGTON - Here's a possible new cost for people with the cigarette habit.
Experts say millions of smokers could be priced out of health insurance because of tobacco penalties under President Barack Obama's health care law

The Affordable Care Act allows health insurers to charge smokers buying an individual policy up to 50 percent higher premiums starting next Jan. 1.



A 60-year-old smoker could wind up paying nearly $5,100 on top of normal premiums.
Younger smokers could be charged lower penalties under rules proposed last fall by the Obama administration.  Workers with job-based coverage can avoid tobacco penalties by joining a smoking cessation program.
Read more: http://www.abc15.com/dpp/news/national/obamacare-2013-penalty-could-keep-smokers-out-of-obamacare#ixzz2J2m6AIvo



How Much is the Government Making Off of Tobacco?

It’s no secret that the government taxes our spending– in fact, sales tax is one of the main ways that the government brings in money. But there are a number of other items that have their own additional taxes imposed, whether at the state or federal level. And, when it comes to cigarettes, the consumer pays both. Would it be right to call this a tax on one’s vice, or sin? While we don’t claim to be any moral authority, the figures and statistics are quite interesting.


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