In today’s episode of In The Tank, Donny and Jim debate about the unintended consequences of alcohol prohibition, and discuss proposed minimum wage hikes. John Nothdruft also comes on to discuss the financial state of the states and potential Mars contamination. The trio also talk about some of the best presidential campaign and debate blunders.
City and state officials across the nation often use tax increases on tobacco, alcohol, plastic bags, sugary drinks, and other “sin products” to help fill their budget gaps or fund pet projects. By taxing products that some governments claim have a negative effect on society, officials are able to raid taxpayers’ wallets without having to face the same level of scrutiny that normally goes hand-in-hand with proposals to raise taxes.
Last year the Washington state legislature passed a series of discriminatory “sin” taxes on soft drinks, candy, and bottled water. In November Washington voters will have a chance to decide…