tobacco products tax Federal Proposal to Increase and Nicotine Taxes The rise in black market
The rise in black market tobacco and cigarette sales has seen a large hit to the federal budget, costing the Commonwealth $6.7 billion in lost revenue annually. Tax increases have lifted the Tobacco Taxes: Market Shifts toward Lower Taxed Products Continue to Reduce Federal Revenue U.S. GAO Cigarette tax increases by 200%, goes into effect July 1 WANE 15 Tobacco Tax Tobacco Tax Revenue Has Gone Up in SmokeAnd Not Entirely for the Reason You Think U.S. GAO Chicago and Cook County Impose Tax on Electronic Cigarettes Civic Federation
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