Wow, this floored me!
New Yorkers pay the most in taxes on cigarettes in the nation. They pay $4.35 in tax on each pack of cigarettes. The state legislature just approved a bill that would add a state tax onto that in the amount of $1.50 per pack. That would make the tax on each pack cost $5.85!
Remember... thats just the tax!
So all in all, they will be paying right around $11.00 PER pack of cigarettes!!! Is that nuts or what!!!
Quote:
The new tax increase means that smokers in the city will pay $5.85 per pack in taxes. That drives the average local price up to nearly $11 per pack, according to some estimates.
The tax hike is aimed at generating an additional $440 million in 2010-2011 tax revenue to support healthcare programs.
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I don't care what it is aimed at... that is simply ridiculous!
And I just read something the other day about the postal service is banning people from being able to mail out tobacco products. Poor New Yorkers, they are screwed!