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What the Future Holds for Tobacco Taxes

jdavidson Wrote: Nov 12, 2012 9:45 AM

HOLMBERG: ‘Butt-smuggling a direct result of government profiteering from tobacco RICHMOND, Va. (WTVR) – Pssst! Hey, buddy, you want to make some big, quick money? Thousands a day, cash money? State, federal, and, in some cases, city taxes have pushed the price of smokes so high in some areas, it is literally more profitable to hijack a truck filled with cigarettes than an armored car. The problem is worst in New York, which has the highest cigarette taxes in the land. In New York City, that tax is more than $5 a pack. Smugglers rush there from Virginia, which has the lowest state taxes on cigarettes, just 30 cents. Now, they’re selling loose cigarettes – loosies, for 75 cents apiece on the black market. Even 10...

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jdavidson Wrote: Nov 12, 2012 9:47 AM

http://wtvr.com/2012/09/07/butt-smuggling-a-direct-result-of-government-profiteering-from-tobacco/

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jdavidson Wrote: Nov 12, 2012 9:47 AM

http://wtvr.com/2012/09/07/butt-smuggling-a-direct-result-of-government-profiteering-from-tobacco/

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jdavidson Wrote: Nov 12, 2012 9:46 AM

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What the Future Holds for Tobacco Taxes

This week, in Seoul, South Korea, government representatives from 176 United Nations (UN) member-states will meet to discuss proposals ostensibly aimed at curbing tobacco use worldwide. The reality is that what happens this week could affect tax rates in the United States (US) and abroad and establish a dangerous precedent by ceding taxation powers to an international organization without achieving the goal of smoking cessation.

The World Health Organization (WHO), a UN subsidiary, has long led the push for a global tobacco tax, funds from which would be earmarked for WHO funding. The proposal has major implications for the preservation...

Related Tags: WHO Tax Reform Taxes Cigarettes cigarette tax Future