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Posted on 08/30/2017 7:01:51 AM PDT by C19fan
New York City is now the most expensive place in the U.S. to buy cigarettes thanks to a new price hike Mayor Bill de Blasio signed into law Monday. The Associated Press (AP) reports that the new legislation includes a price hike that would raise the price of a pack of cigarettes to $13 a pack and restrictions on the number of places allowed to sell cigarettes.
(Excerpt) Read more at breitbart.com ...
I’ve always thought it amusing that politicians will tax cigarettes, and talk about how dangerous they are, but won’t outlaw them.
The are more addicted to taxes than cigarette smokers are addicted to nicotine.
It wouldn’t surprise me if DiBlasio and the City Council were getting kickbacks from the local crime families—they are the only ones who would benefit from this tax.
So when people quit smoking and the tax revenue dries up, he will have to tax something else in order to make up the difference.
That $13 per pack price is why the black market for cigarettes has exploded in New York state. If you want to discourage cigarette sales but not cause a black market, the price should be more like $7 to $7.25 per pack.
Some people selling illegal cigarettes die on the streets of New York City, de Balasio has the police crack down HARD on illegal sellers, No, NOT Illegal Aliens.
The Mafia selling stolen cigarettes thank you, NYC.
Yesterday at CA Albertsons, wife commented on cigarettes at $14.38/pack.
I remarked, “Glad we don’t smoke.”
They’re sure to raise a lot of tax revenues with that scheme (/sarc).
Black market dead ahead.
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Does Canada have a VAT?
Mayor Madura can tax anything he wants at any rate. It’s called Marxism.
People have already figured that out. :) I think there was a story in Richmond about some Asians getting busted for cig smuggling up the I-95.
People have been smuggling cigarettes up I-95 from North Carolina and Virginia, where they were taxed at a very low rate, for decades - the 1970s at least. Only back then you had to do it in volume to make it worth while, and have a distribution network. Now you can make decent money on small volumes.
What you get with outrageously high taxes is this:
https://newyork.craigslist.org/mnh/for/d/cigarettes-below-wholesale/6283281813.html
Very well said. Exactly the way I feel.
Go to NJ or PA or outside the city limits. This will reduce the sale of legal cigarettes along with the tax revenue such sales generate.
MY wife has been smoking for more than 50 years. She is not going to quit. Total addiction that no price increase is going to stop. The addicts will just find cheaper sources. Supply and demand works. The marketplace always wins.
Garner had been arrested by the NYPD more than thirty times since 1980 on charges such as assault, resisting arrest, and grand larceny.[7][8] According to an article in the New York Times many of these arrests had been for allegedly selling unlicensed cigarettes.[9] In 2007, he filed a handwritten complaint[10] in federal court accusing a police officer of conducting a cavity search of him on the street, “digging his fingers in my rectum in the middle of the street” while people passed by.[3] Garner had, according to The New York Times, “recently ... told lawyers at Legal Aid that he intended to take all the cases against him to trial”.[3] At the time of the incident, he was out on bail for selling untaxed cigarettes, driving without a license, marijuana possession, and false impersonation.[11]
https://en.m.wikipedia.org/wiki/Death_of_Eric_Garner
EXCELLENT!
An increase in price, results in a decrease in demand. ECON 101
Because it's NYC. The vast majority of them think just like he does. That's why he was elected in the first place. If you want to see your typical New Yorker look at the representatives they elect.
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