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
Fake cosmetics worth $100m seized in crackdown.
Almost 70 tonnes of fake cosmetics have been seized and three business owners...
Designer products versus fakes
A Miami fashion blogger distinguishes knock-off products from designer goods...
Palau Quarantine Officer To Serve Jail Time For Illegal Cigarette Smuggling
A quarantine officer from Palau national government is set to serve two years in...
Assam Rifles Seizes Contraband Cigarettes Worth Rs 1 Crore in Mizoram
Assam Rifles, in a joint operation with the Customs Preventive Force, Champhai,...