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 money syndicate busted
POLICE in Bulawayo have smashed what appears to have been a well-orchestrated...
Kolkata: Tata Steel and West Bengal Police seize fake Tata products in raid
Kolkata: Tata Steel officials, with the help of the West Bengal Police,...
Import duty hike to up gold smuggling
CHENNAI: An increase in the import duty on gold, the third in less than a year,...
Ohio is third US state to tighten laws on airbag counterfeiting
Ohio has joined Connecticut and New York in passing legislation that makes...



