Md. cigarette taxes have unintended consequences
In recent years, Maryland has substantially raised tobacco taxes. Its current rates of $2 for a pack of cigarettes and 15 percent to 70 percent for other tobacco products like cigars are among the highest in the country. The state enjoys a huge revenue gain from the taxes, but there are ironies and unintended consequences associated with the taxes on tobacco products that may not have been adequately considered. The state itself sends out mixed messages regarding tobacco and cigarettes. On the one hand, it acknowledges the health concerns associated with tobacco products and agrees with health advocates who say taxing cigarettes higher is the right thing to do. So-called sin taxes increase costs with the idea of encouraging smokers to quit and discouraging teenagers from starting the habit
http://www.baltimoresun.com/news/opinion/oped/bs-ed-cigarette-tax-20141216-story.html
Related Posts
Counterfeit goods imitating ‘well-known brands’ seized in Joburg
In a concerted effort to combat the proliferation of counterfeit goods, the...
Tobacco smugglers jailed
A Lancashire father and son, who attempted to steal £229,000 in tax by smuggling...
Tobacco smugglers caught entering Valencia
GUARDIA CIVIL officers have confiscated 3,500 packets of tobacco and have...
Unsafe Battery Products
The frequency of battery related accidents have seen significant increase over...