Jun 19 18:12
Another State May Raise Its Tobacco Tax
New York joins a growing list of states raising their taxes on cigarettes and other tobacco products. A bill to raise Georgia’s tobacco tax failed to pass this legislative session.
Cigarette taxes in New York would jump by $1.60 a pack under a tentative deal reached between Gov. David A. Paterson and legislative leaders, which would give New York the nation’s highest state cigarette taxes.