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Tuesday, February 10, 2009

States reluctant to raise cig taxes thanks to the fed tax increase

ARTICLE LINK

"Despite the potential for less revenue, states still might raise cigarette taxes to make up for the expected drop in cigarette sales,"

So states are expecting a drop in cig sales when the new fed tobacco tax goes into effect. Makes sense to me. I dunno how raising cig taxes will make up for the drop.

Maybe the states oughta tax otha items for a change to make up for the loss of cig sales. Raising the cig taxes ain't gonna fix sh!t as far as that expected decline in cig sales is concerned.

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