Ohio’s cigarette tax proposal would light up a black market
Cigarette smugglers, or “buttleggers,” will “load up a U-Haul” with cigarettes from a low-tax state and re-sell them in higher-tax states. The practice is little-known but highly lucrative—the Bureau of Alcohol, Tobacco, and Firearms estimates that smugglers can net up to $4 million from a single truckload. As states increase their cigarette taxes, they also incentivize this black market activity.
http://watchdog.org/222601/ohios-cigarette-tax-proposal-light-black-market/
Related Posts
Mathematic model can guide anti-counterfeit strategy
ShoppingBrand owners often cite a lack of data about the way counterfeits...
CBP Intercepts First Package of Counterfeit COVID-19 Test Kits.
U.S. Customs and Border Protection officers seized a package filled with fake...
Customs hauls in massive haul of illicit cigarettes and molasses tobacco
The Australian Customs and Border Protection Service (ACBPS) has seized 300,000...
UAE suspends 32 gold refineries in money-laundering crackdown
The United Arab Emirates temporarily suspended activities at 32 gold refineries...




