Cigarette tax hike takes effect in California
Cigarette smokers in California will now have to fork out more in taxes as the state’s cigarette tax hike has taken effect, causing costs to surge by $2 per pack.
Smokers in the state will now pay $2.87 in taxes for every pack of cigarettes they purchase, more than triple the 87-cent tax levied on cigarette packs before the new tax took hold on 1st of April.
Jim Knox, of the American Cancer Society Cancer Action Network, welcomed the new tax hike, saying various studies have shown a strong correlation between higher tobacco taxes and lower rates of smoking.
Speaking on the topic, Knox said, “In every instance, when a state has increased its tobacco tax, there’s been a reduction in smoking. It’s been proven time and time again. It’s incontrovertible.”
In implementing the controversial $2 tax hike, California has become a state with the ninth highest cigarette tax in the entire nation.
Three states bordering California viz. Oregon, Nevada and Arizona have significantly lower per-pack excise taxes at $1.32, $1.80 and $2, respectively.
Facebook, the most popular social-networking...Read More
Betting big on cruisers, the luxury motorcycle...Read More
Uber Technologies reported lower loss by nearly 9...Read More
The Samsung Galaxy Note 8 is facing an increasingly...Read More
Luxury carmaker BMW’s next-generation M5 car will...Read More
Board members of the bankrupt Energy Future...Read More