Taxes

Sin Taxes ad Absurdum: Why Illinois Taxes Hershey Bars But Not Kit Kats

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I'll be on John Stossel's special Tax Day show that airs this Thursday at 9 P.M. Eastern Time on Fox Business.

I'll be talking about sin taxes past, present, and future. Above is a short snippet about some of the dumber sin taxes in place: a tax on popsicles, for instance, and on Hershey bars but not Kit Kats. The latter have flour, you see, and so are not "candy," according the wise men of the Illinois state legislature.

More Stossel videos and info on the show here.