Tobacco Taxes
Michigan's excise tax per pack of cigarettes: $2.000
Michigan's excise tax collection for the
fiscal year ending June 2002: $584,605,000
Sales tax on tobacco products: 6.00%
Federal excise tax per pack of cigarettes: $0.39
Total federal excise tax collections in fiscal year 2002: $7,512,700,000
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Comparing Excise Taxes on Cigarettes, Beer and Wine
Number of six-packs of beer that must be sold in Michigan to produce the same state excise tax revenue generated by one carton of cigarettes: 66.7
Number of bottles of wine that must be sold in Michigan to produce the same state excise tax revenue generated by one carton of cigarettes: 74.2
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Michigan Smokers' Contributions to the State Economy - FY2003
In 2002, Michigan smokers comprise only 24.2%1 of the adult population in the state. Here is what they already pay because they choose to buy a legal product:
Smokers Pay Excise Taxes2
$ 828,678,000
Smokers Pay Sales Taxes2
$ 151,785,000
Smokers Pay Tobacco Settlement Payments3
$ 317,444,000
TOTAL $ 1,297,907,000
Nice job. Thanks.
That’s it?????? $1,300,000 is all they got out of smokers? I thought you were talking about some REAL money. The state of MI spends that in an afternoon.