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To: wildbill
The opposite in CT: $1-A-Pack Hike Brings In More Than Expected

The legislature, at the bidding of our emperor gov, has said they are considering a *tax-free* week liquor sales.....many Nutmeggers go to neighbor [no-tax] states for their booze, as it is.

Politicos have been whining that revenues from cigs, booze, the home building slump, and gambling are way down to the state coffers:

**Contributions to the state fell in tandem with the lower revenues, since the casinos give a quarter of their slot revenue to the state. Foxwoods sent $9.8 million to the state's special revenue fund, while Mohegan Sun sent $11.4 million.**
Hartford in the near future...


39 posted on 02/10/2014 8:41:39 AM 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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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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