I understand Congress and the President’s Administration are considering tobacco tax increases to finance more government spending. As immediate past Executive Director of Alaska Restaurant & Retail Association I believe our leaders in Washington should find better ways to fund programs rather than taxing a select few and jeopardizing the state’s retailers.
Tobacco products make up a considerable portion of many retailers’ sales. A shortsighted tax increase on tobacco products may diminish retailers’ revenues and hinder their ability to employ others in their communities.
The proposed tax increase could diminish the disposable incomes of adult consumers at a time when our country still faces daunting economic challenges.
I plan to contact my elected representatives in the U.S. Senate and House of Representatives to oppose to these proposed tax hikes. I urge my friends, neighbors and fellow Alaskans to do same.