Sin taxes are excise taxes imposed on goods or behaviors – like booze and cigarettes – that lawmakers deem harmful. In addition to raising revenue,
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Up In Flames: Cigarette Taxes Create Opportunity For Revenue And Crime
As cigarette taxes climb higher, so, too, does the potential for crime. The ATF calls cigarettes the number one commodity in the black market due to the ability to turn a quick dollar with relatively low risk. It’s profitable for crooks and for the government. So, do we raise the tax yet again?
Read MoreAustralia Hopes To Tax Smokers Into Quitting: Would It Work Here?
How high would taxes have to boost the cost of a pack of cigarettes before you’d stop smoking? $5 a pack? $10 a pack? $15
Read MoreAre Federal Taxes Driving Smokers To Stop Lighting Up?
Last week, a friend and I saw a group of Eagles fans walking down Main Street and were shocked to notice that every single one
Read MoreSo Exactly How Much Do You Want To Smoke?
That’s what legislatures seem to be trying to find out these days. Wisconsin has enacted a $1.77 per pack cigarette tax (raising the tax an
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