Proposed Tobacco Tax Increase Will Simply Encourage More Smuggling
State legislatures across the country have piled on the tobacco taxes over the past decade. Not surprisingly, this has created a growing problem of tobacco smuggling. As the tax rate rises, it encourages people to buy products from low-tax states and sell them illegally in high-tax states.
New York is the most obvious example of this problem. The Empire State has a tax rate of $4.35/pack, far higher than most other states. As a result, an estimated 57% of all cigarettes sold in New York are brought in by smugglers.
http://oregoncatalyst.com/30079-proposed-tobacco-tax-increase-simply-encourage-smuggling.html
Related Posts
CI, MCCS To Conduct Joint Anti-Smuggling Operations
Islamabad—In an attempt to crush cross-border smuggling, Customs Intelligence...
Gold, iPhones, Currency Worth ₹ 7.5 Crore Seized at Mumbai Airport
Mumbai: Customs has seized 11.62 kg of gold and i-Phones valued at ₹ 7.44 crore...
CBP seizes more than $1 million of counterfeit speakers at International Falls port
More than $1 million of counterfeit home theater speaker systems in a rail car...
700 boxes of liquor seized at Parwanoo
The police seized 700 boxes of country liquor, transported illegally in a truck...


