Verifying Hayek, #7328
Continuing the noxious trend of cutesy-acronym legislation, this week saw the introduction of the Prevent All Cigarette Trafficking (PACT) Act, brainchild of Messrs. Hatch and Kohl, which is an attempt to crack down on the booming black market in cigarettes created by sky-high cigarette taxes. Also par for the course, this is being sold as a way to fight terror.