Local view: Taxing our way to higher crime
Sen. Mike Gloor wants to see Nebraska hike the excise tax on cigarettes by more than 234 percent, from 64 cents to $2.14. The senator’s intentions may be good but the Cornhusker State risks a massive increase in cigarette smuggling and other harmful consequences if this bill is adopted.
Smuggling may be as old as civilization and taxes. People have made a living — or at least supplemented their incomes — by covertly moving goods across borders, often to avoid a tax or import duty. Cigarettes are a popular item to smuggle because they are lightweight (and therefore easily transportable) and it is possible to make massive profits by shipping smokes even short distances.
Related Posts
Fake designer goods drive luxury brands to ‘step up their game
From fake Fendi bags to Rolex replicas and knock-off Nikes, the global trade of...
Tobacco smuggling bust finds $1 million in Templestowe home
Nearly $1 million in cash was seized at a home in Melbourne's north east after a...
Four held for smuggling foreign cigarettes.
30, September 2018 | The Hindu The Directorate of Revenue Intellingence (DRI),...
7 arrested for running fake Remdesivir injection factory in Uttarakhand, already sold 2,000 injections
Seven people were arrested for running a fake Remdesivir injection manufacturing...



