Proposed Tobacco Tax Increase Will Simply Encourage More Smuggling
State legislatures across the country have piled on the tobacco taxes over the past decade. Not surprisingly, this has created a growing problem of tobacco smuggling. As the tax rate rises, it encourages people to buy products from low-tax states and sell them illegally in high-tax states.
New York is the most obvious example of this problem. The Empire State has a tax rate of $4.35/pack, far higher than most other states. As a result, an estimated 57% of all cigarettes sold in New York are brought in by smugglers.
http://oregoncatalyst.com/30079-proposed-tobacco-tax-increase-simply-encourage-smuggling.html
Related Posts
Fake and Counterfeit Mobile Phones Sold Around the World
A report by the Mobile Manufacturers Forum reported that 125 million substandard...
Mumbai: Crime branch arrests one for selling beauty products after altering their expiry dates
The crime branch department of Mumbai police have arrested a 51-year-old man who...
City cracking down on illegal tobacco sales
A new tobacco retailers licensing program will add some teeth to existing state...
Alfano praises anti-counterfeiting police raid in Naples
Interior Minister Angelino Alfano on Wednesday praised an operation in which...