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The Wall Street Journal reports that some congresscritters are actually considering a tax on soft drinks, because they're bad for us and we're too stupid to know that without their help.
It is time for a tax on things that are much worse for us than pop. Let's start with a 100% tax on income paid to congressional spouses, boyfriends, and relatives by taxpayers with an interest in federal legislation. Congressional gifts to favored businesses, and Barney Frank's lover's gift of no oversight to Freddie Mac, are much worse for us than soda pop.
More from TaxGrrrl and Peter Pappas.
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Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not necessarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to