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Tobacco Taxes Go Sky High - Latest News


Sky-high cigarette taxes are the new Prohibition: The consequences are eerily similar

Not only are high cigarette taxes ineffective, they can be costly for governments. Law enforcement devotes substantial resources to a largely futile effort. And New York lost somewhere in the neighbor... read more

Ontario urged to impose sky-high taxes on smokes

A new anti-tobacco strategy calls for sky-high increases in taxes, a forced reduction in tobacco retailers, a minimum purchase age of 21 and a ban on all smoking displays, including vaping paraphernal... read more

Tax tobacco sky high

the tax rate for beedis and other non-cigarette tobacco has reportedly not even been discussed, giving rise to speculation that they might be kept out of the demerit list altogether. The demerit list ... read more

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Comcast’s Sky-High Bid to Go Global

The Comcast bid, closely overseen by Chief Executive Brian Roberts, is valued at $48.6 billion including debt, giving a multiple of 15.5 times Sky’s adjusted earnings before interest, taxes ... of thi... read more


Minnesota budget deal: Tax hikes on high earners, tobacco

Mark Dayton and Democratic legislative leaders reached a budget agreement Sunday that calls for $2 billion in new taxes and boosts spending for schools and property tax relief. The Democrats are relyi... read more

New York Loses $400 Million After Imposing The Nation’s Highest Cigarette Tax

New York is reaping the whirlwind of sky-high cigarette taxes with a wave of smuggling decimating the state’s revenue. New York holds the dubious honor of having the highest cigarette taxes in country ... read more

Cigarette tax a 'gold mine' for smugglers

With the federal excise-tax ... so sky high. When he was questioned why, he replied, "It gives me one more thing I can sell on the street." Organized crime, street gangs and terrorists are not stupid. ... read more

2 Undervalued High-Yield Blue Chips You'll Want To Own During The Next Recession

First Kentucky and Oklahoma recently raised their cigarette taxes. More importantly rivals ... to borrow at interest rates far below their sky high returns on invested capital. read more

Missoula schools crack down on e-cigarette and vape pens

Years of anti-tobacco campaigns led many students to reject ... Jennifer Courtney, the principal of Missoula Big Sky High School, said their school is providing “push-in” lessons in which ... read more

Stop taking revenue from sin taxes, economist says on tobacco trade

He was responding to concerns raised at a recent roundtable discussion that tax revenue from the contraband cigarette market ... demand that restaurants follow their ruling, and won’t go in unless the... read more

Ontario urged to impose sky-high taxes on smokes

A new anti-tobacco strategy calls for sky-high increases in taxes, a forced reduction in tobacco retailers, a minimum purchase age of 21 and a ban on all smoking displays, including vaping paraphernal... read more

Children Bused In To Lobby Capitol For 86 Percent E-Cigarette Tax

The children and their minders demanding sky-high e-cigarette taxes were so dismayed by the silent protest that they tried to block out the counter-demonstration and demanded the sheriff remove them f... read more



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