Christmas Tree Tax Is Stopped

http://www.futureofcapitalism.com/2011/11/christmas-tree-tax-is-stopped

In the post yesterday on the proposed federal Christmas Tree Tax, I wrote: "My guess is it will take the Obama administration approximately 24 hours, or one Rush Limbaugh show, before it backs down on this one."

Turns out I was close. From Fox News: "The White House has decided to sideline a proposed fee on Christmas trees, after the fee was ridiculed by critics as a tax on Christmas....White House spokesman Matt Lehrich told Fox News on Wednesday afternoon that the administration is putting a stop to the proposal."

by Editor  |  Nov 10, 2011 at 9:07 pm Related Topics:  President Obama, Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list