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
Smuggling, piracy hindering India’s manufacturing growth: Ficci
NEW DELHI: Widespread smuggling, counterfeiting and piracy can affect India's...
Chiefs of Police conference at Amway looks at police crashes, counterfeiting, other issues
GRAND RAPIDS, MI -- Police crashes during emergency responses, product...
CBP seizes over 2,000 counterfeit KN95 masks from China
CINCINNATI — United States Customs and Border Protection officers in Cincinnati...
Illegal foreign cigarettes worth Rs 2.8 crore seized in Assam’s Cachar
Assam Rifles, in a joint operation with the Customs Department, Silchar, seized...


