Michael LaFaive and Todd Nesbit: R.I. set to lose tobacco revenue
The Rhode Island General Assembly is working toward a budget vote that may — among other things — raise excise taxes on cigarettes by 25 cents per pack. The increase will prove counterproductive from both a revenue and public health standpoint.
We first estimated a statistical model in 2008 to measure the degree to which cigarettes are smuggled. It covers most American states and has since been updated with tax and population changes through 2013. Our model tells us that through 2013 Rhode Island’s total smuggling rate is almost 32 percent of the total cigarette market.
http://www.providencejournal.com/article/20150508/OPINION/150509392/2011
Related Posts
Two arrested at RGIA for smuggling gold, cigarettes
Hyderabad: Customs sleuths apprehended a passenger who arrived at Rajiv Gandhi...
Smuggling bids foiled, gold worth Rs 2cr seized
Kozhikode: Customs air intelligence unit (AIU) foiled six attempts to smuggle...
Counterfeit and smuggled consumer goods worth $3.5 million seized across Americas and Caribbean.
An Interpol-backed crackdown on counterfeit and smuggled consumer goods across...
Container Full of 63 lakh Foreign Cigarettes Costing Rs 6.5 cr Seized at JNPT
The Special Intelligence and Investigation Branch seized more than 63 lakh...