Don't smoke...because it costs too much

The federal government is adding another tax to cigarettes. This time it is 61 cents. This increases the total federal tax on cigarettes to $1. If you smoke regularly, I feel for you. You're addicted and the government literally banks on your addiction to pay for their new children's health program.

I do wonder when the cost of cigarettes will finally start having an effect on those that smoke. The average cost per pack right now is $4.54. At what price will the cost of cigarettes stop smokers from smoking? $8, $10, $15...more? It's an interesting question you and those like you might be wondering as well.

Then what happens to the government when they don't get the revenue from cigarette taxes anymore? What happens to the tobacco farmers? And the cigarette companies? That will be an interesting day.