
New Report Shows Folly of Tobacco Taxation
When bureaucrats try to tax and regulate a product out of existence, they succeed…in bolstering black markets. This was true when the U.S. outlawed “intoxicating liquors” more than one hundred

When bureaucrats try to tax and regulate a product out of existence, they succeed…in bolstering black markets. This was true when the U.S. outlawed “intoxicating liquors” more than one hundred