
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
Piracy Taking Big Bite out of Books in Spain?
Ebook piracy resulted in €350 million ($467.1 million) in lost revenue for the €3...
Fake currency seized, 3 held
The police have arrested two persons in Hanumangarh and one in Sriganganagar and...
Fake currency notes seized
Kochi: Perumbavoor police seized 17 fake currency notes from a West Bengal...
Bishnoi gang smuggled liquor worth 1.2 crore
Vadodara: Ahead of the New Year’s Eve, the Bishnoi gang that smuggles liquor...


