Thursday, 29 April 2010

Tobacco urgency

I'm a bit confused.

Last night, Parliament sat under extreme urgency to pass a tobacco excise hike. The reason for extreme urgency is to stop people from stockpiling in advance of the tax hike. I can understand that.

But the legislation also scheduled a 10% hike next year.

If we needed extreme urgency to stop folks stockpiling cigarettes this year, why are we telling them now about next year's increase? Am I missing something?