New York holds the dubious honor of having the highest cigarette taxes in country, with the average pack of smokes in New York City costing as much as $10.60.
New York raised taxes on cigarettes to $4.35 in 2010 from $2.75. In total, cigarette taxes have increased by 190 percent since 2006. The sharp rise has resulted in a raft of unintended consequences which are dealing a significant blow to the state’s finances.
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Duh! Whenever you tax something you get less of it.
ReplyDeleteOr, like here in Salisbury, people go to Delmar - DE to buy their booze - it's cheaper and there's no tax!
ReplyDeleteNew York is a hole.
ReplyDeleteIt's always so much fun to watch these utopian fantasies bite the dust.
ReplyDeleteThere are TONS of cigarettes being smuggled to NY on Rt. 13.
Just ask Mike Lewis.
12:00 PM I agree with you totally.I wonder if the booze tax increase raised any money or just decreased sales.
ReplyDeleteThis is why those Muslims in OC were smuggling to their shops in New York. I believe their name was Ramadon.
ReplyDeleteThey also own the Lido Pizza, Dairy Queen, and soft serve Yogurt place, here in Salisbury. It was a rumor they were sending money to Alkidia
Its a law that our Forrest Gump stupid "leaders" cannot and will not even TRY to understand ---
ReplyDeleteThe Law of Supply and Demand
What a great idea, huh? Just raise taxes on addicts and they HAVE to pay them and we will have millions in new revenue for our latest projects and dreams! Despite failure after failure, they keep trying it.
Like the British, who found out the hard way, RAISING taxes doesn't necessarily mean you'll be COLLECTING them. And, like we did to the British, we're going to need to put these slimy, disgusting, lying thieves in their place soon. Using pretty much the same tried and true methods.
Tax THAT.