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Experts increasingly contemplate end of smoking
Associated Press ^ | Feb 9, 2014 5:53 PM EST | Mike Stobbe

Posted on 02/09/2014 11:00:46 PM PST by Olog-hai

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To: wildbill

Well, there’s also a cigarette “black market” of sorts, where people in high-tax areas buy from states with far lower tobacco taxes, often from “smugglers”. This happens around the world too, especially in Europe. It’s so prevalent that it’s even been nicknamed “buttlegging” (in spite of the sexual overtones) . . .


41 posted on 02/10/2014 11:52:17 AM PST by Olog-hai
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To: Daffynition

CT’s spike in taxes will go down once people discover illicit cigarettes.


42 posted on 02/10/2014 11:53:19 AM PST by Olog-hai
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To: Daffynition
Every single state that has raised its cigarette tax rate has subsequently received more tax revenue than they would have received without a rate increase, despite the fact that cigarette tax increases reduce state smoking levels and despite any related increases in cigarette smuggling or tax evasion," according to a report on the organization's website — http://www.tobaccofreekids.org. "Put simply, the increased tax per pack brings in more new state revenue than is lost from the related reductions in the number of packs sold and taxed in the state."

WORD.

43 posted on 02/10/2014 3:59:52 PM PST by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: Drango

**cigarette smuggling or tax evasion**

My new occupation. Word. ;)


44 posted on 02/10/2014 6:01:22 PM PST by Daffynition ("If you think you can do a thing or think you can't do a thing, you're right." ~ Henry Ford)
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