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Thursday, July 23, 2009

Info Post
Can this be classified as a sin tax? This strange but true report from Prison Planet:
The vampiric and gluttonous feeding frenzy currently being enjoyed by the federal government under the pretext of climate change is set to be expanded with a range of new taxes on products disposed of via waste water, including cosmetics, toothpaste and toilet paper.

The “Water Protection and Reinvestment Act,” H.R.3202, introduced last week by Representative Earl Blumenauer (D-Ore), will be “financed broadly by small fees on such things as bottled beverages, products disposed of in wastewater, corporate profits, and the pharmaceutical industry,” according to Blumenauer’s fact sheet.

Though the taxes are “designed to be collected at the manufacturer level,” only the most naive would doubt that multinational corporations would just pass the cost on to the consumer in the form of higher prices, as is routine.

Items disposed of in wastewater, such as toothpaste, cosmetics, toilet paper and cooking oil will be subject to a 3% excise tax, while water beverages will be hit with a 4% tax, “because these products wind up in the water stream and require clean up by sewage treatment plants,” according to the bill.

The bill even defines “toilet tissue” in section 4172. “The rulemaking to define what rises to the level of a bottom-wipe is in the name of a good cause: to tax the stuff,” writes Chris Horner. “The current band of feds don’t think you’ve paid enough tax — this has been established ad nauseam — and now want a dedicated revenue, er, stream, to pay to replace corroded pipes and overburdened sewer systems nationwide.”
Read more on Blumenthal's proposal here.

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