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How big is a 470% increase Amendment #3, which will be on the statewide Nov. 7 ballot, would increase the cigarette tax by 470%. Consider what such a large increase would do to the cost of other things:
The cost of a basic postage stamp would go from 39¢ to $1.83, if it was raised by 470%. _____________ A loaf of bread costing $2.49 would go to $11.70, if it was raised by 470%. _____________ The cost of a $1.50 coffee at Starbucks would go to $7.05, if it was raised by 470%. ______________ A $3.00 gallon of gasoline would go to $14.10 per gallon, if it was raised by 470%. ______________ An SUV priced at $30,000 would go to $141,000, if it was raised by 470%. ______________ The cost of a home priced at $175,000 would go to $822,500, if it was raised by 470%.
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PAID
FOR BY MISSOURIANS AGAINST UNFAIR TAXES, ROBERT WARD, TREASURER |