federal tax on tobacco

federal tax on tobacco Cigarette How High Are Cigarette Tax

Name: federal tax on tobacco Cigarette How High Are Cigarette Tax
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How High Are Cigarette Tax Rates in Your State? In 2023, New York raised its cigarette excise tax by $1.00 to $5.35 per pack. New York City imposes its own tax of $1.50 per pack, and that's before you include federal Tobacco Taxes: Federal Revenue Implications of Tax Rate Differences and Drawback Refunds U.S. GAO Can we trust the Philly cigarette tax revenue projections? A look inside the numbers WHYY

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These smokers have easy access to low-cost substitutes for the high-priced cigarettes they would purchase legally in-state, and hence the demand for cigarettes is more elastic near these borders