Cigarette Smuggling vs. Tobacco Taxes: Which Is Worse?
Rampant cigarette smuggling isn’t the problem in New York–“sky-high” tobacco taxes are, according to an op-ed by Patrick M. Gleason, director of state affairs at Americans for Tax Reform, in The Wall Street Journal.
Gleason’s opinion piece, titled “A Laffer Curve for Smokes,” digested here, takes the city and state of New York to task for their $180-million lawsuit against UPS over what officials allege was unlawful delivery of nearly 700,000 cartons of cigarettes. (A Laffer curve, named for economist Arthur Laffer, shows the relationship between rates of taxation and levels of government revenue.)
Related Posts
WA cigarette smuggling could increase under Inslee tax
Nearly one-third of Washington’s potential cigarette tax revenues were lost to...
5 Bhutanese nationals arrested for smuggling 20 kg gold worth Rs 6.4 crores.
02, November 2018 l India Today The Directorate of Revenue Intelligence (DRI)...
CCB police seize Rs 20 lakh worth of fake cigarettes of foreign brands
The CCB police seized fake cigarettes of foreign brands worth Rs 20 lakh....
Enforcing IPR Can Save Piracy
Louise Van Greunen, director, World Intellectual Property Organisation, talks...