• Taxes

    Cigarettes Just Got Fiscally Irresponsible In Addition To The Whole "Health" Thing

    Smokers around the country are freaking out as a huge federal cigarette tax increase goes into effect.

    From USAToday;

    "Oh my gosh," Bernardo Torres said Tuesday when a clerk at a CVS Pharmacy in Falls Church, Va., told him the new price, which went up in anticipation of the tax increase. Torres wanted to buy his aunt two cartons of cigarette-size cigars, but he walked away empty-handed after hearing the new price: $134. The tax on little cigars went from 4 cents to $1.01 a pack.

    USAToday also included a chart that compares the cigarette taxes among all 50 states.

    The top taxers? New York with $3.76 in taxes per pack, New Jersey with $3.58, and Massachusetts with $3.52.

    Will you quit rather than pay the new tax?

    Biggest U.S. tax hike on tobacco takes effect [USAToday]
    (Photo:zzzack)

    Loading comments ...