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Keyword: offsetbudgetgap

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  • Cigarette tax hike pushes sales down, but drives revenue up

    08/09/2002 7:16:54 AM PDT · by Tumbleweed_Connection · 10 replies · 398+ views
    STLtoday ^ | 8/8/02 | Paul Hampel
    <p>Fewer cigarettes were sold last month in Illinois, but the first month of higher cigarette excise taxes generated $12 million more in state revenue than July 2001, the Illinois Department of Revenue reported.</p> <p>Meanwhile, the department says it has referred to the Illinois attorney general's office five cases of Chicago-area retailers attempting to avoid the tax.</p>