The Soda-Pop Taxers Are Back

With each passing day, the tax policies of the Obama administration and congressional Democrats look more like Herbert Hoover’s Revenue Act of 1932, one of the most infamous pieces of legislation in U.S. history. The announcement from Senate Democratic leaders this week that they are considering an excise tax on soft drinks — a piece of the 1932 act that almost no one expected to see — is one of many ominous similarities.

via The Soda-Pop Taxers Are Back by Phil Kerpen on NRO Financial.

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