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CIGARETTE MAKERS SINGED BY N.Y. SMOKING DROP
New York Post ^ | 2/27/03 | JOHN CRUDELE

Posted on 02/27/2003 12:46:58 AM PST by kattracks

Edited on 05/26/2004 5:12:19 PM PDT by Jim Robinson. [history]

February 27, 2003 -- THIS is a good news/bad news story.

The good news is that fewer cigarettes are being sold. The bad news is that fewer cigarettes are being sold.

The recession and higher cig taxes seem to be causing the sale of cigarettes to (I can't help saying it) go up in smoke. New York City has gotten burned from the hike it put into effect last summer.


(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: pufflist

1 posted on 02/27/2003 12:46:58 AM PST by kattracks
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To: SheLion; *puff_list
http://www.freerepublic.com/perl/bump-list
2 posted on 02/27/2003 7:37:05 AM PST by Free the USA (Stooge for the Rich)
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To: kattracks
THIS is a good news/bad news story.

And they still don't understand that people will buy things elsewhere when the govt taxes them excessively. That's the bad news.
The good news, for me at least, is that I stuff my own premium cigarettes for less than $2 a pack.

3 posted on 02/27/2003 2:40:32 PM PST by Just another Joe (FReeping can be addictive and helpful to your mental health)
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To: Just another Joe
And they still don't understand that people will buy things elsewhere when the govt taxes them excessively.

And unfortunately it looks like they never will.

When Pataki the traitor raised the State cigarette taxes in April 2002 they expected to raise an additional $400 million dollars (To go for child welfare programs of course, Isn't it nice having an anti government Republican Governor) but instead they ended up with $150 million less than before the tax was implemented. And that's not counting the excess of 1 Billion dollars of lost income (Not just in cigarette sales but others like Milk, Bread & Gasoline) that the New York Association of Convenience Stores claims they lose each year because of the tax.

(My numbers BTW are coming from an old article Sinners not alone as ‘sin tax’ victims

And I hate to tell them it isn't because people are quitting.

And more bad news today for the antis. One of the main justifications for these high taxes is to prevent teens from smoking, You know the ole "It's for the children" rap.

Right from The American Journal of Public Health, Hardly what you will call a Pro-Tobacco Journal

http://www.ajph.org/cgi/content/abstract/93/3/412

Is Smoking Delayed Smoking Averted?

Sherry Glied, PhD March 2003, Vol 93, No. 3

The author is with the Department of Health Policy and Management, Mailman School of Public Health, Columbia University, New York, NY.

Antismoking efforts often target teenagers in the hope of producing a new generation of never smokers. Teenagers are more responsive to tobacco taxes than are adults.

The author summarizes recent evidence suggesting that delaying smoking initiation among teenagers through higher taxes does not generate proportionate reductions in prevalence rates through adulthood. In consequence, the impact of taxes on smoking among youths overstates the potential long-term public health effects of this tobacco control strategy.

Somehow I don't think we will hear about this in the mainstream press

So raising cigarette taxes to unreasonable levels.....

1)Doesn't result in an increase in revenue, It fact it often results in a huge loss

2)Doesn't result getting any significant numbers of smokers to quit but instead to seek alternatives to avoid the tax,

3) Which results in a ripple effect causing many other buisnesses to lose money and in many cases go out of buisness thus even less taxes collected by the state.

4)Doesn't prevent Teens from taking up smoking.

If the results of higher cigarette taxes doesn't achevie any of it's intended goals then what's the ^*(@^ point!!!

You would think the politicians would have a 1/10th of a brain and realize it's time to cut their loses with these crazy high taxes and return cigarette taxes to a reasonable level.

4 posted on 02/27/2003 4:07:30 PM PST by qam1 (Upstate New York secede from Downstate Now!!)
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To: qam1
Doesn't prevent Teens from taking up smoking.

I always said, the teens have the money, but no financial responsibility to go with it.

Case in point, a little while ago a teenage girl was interviewed in our paper, she was doing somthing unusual, the reporter asked her,"How did you do that," the girls answer was, "We teens have the money, but not the financial responsibility to go with it,".......... the unusual thing she did, was not smoking, but investing in the stock market, she had done so well that she can almost retire right out of high school.

5 posted on 02/27/2003 7:56:19 PM PST by Great Dane
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To: Great Dane
My youngest girl-child plays around with the stock market a bit, and lets her two little 'uns choose the stocks. It's pretty impressive to see a 7 and a 9-year-old squabbling over the daily NYSE listings..."But look, Toys R Us is down!" "I know, but WalMart is down more and we can get more shares!"
6 posted on 02/27/2003 8:12:49 PM PST by Max McGarrity (Anti-smokers--still the bullies in the playground they always were.)
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To: Max McGarrity
#6........ Pretty inpressive, aren't they. :-}
7 posted on 02/28/2003 9:04:04 AM PST by Great Dane
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To: qam1; newgeezer
When Pataki the traitor raised the State cigarette taxes in April 2002 they expected to raise an additional $400 million dollars (To go for child welfare programs of course, Isn't it nice having an anti government Republican Governor) but instead they ended up with $150 million less than before the tax was implemented. And that's not counting the excess of 1 Billion dollars of lost income (Not just in cigarette sales but others like Milk, Bread & Gasoline) that the New York Association of Convenience Stores claims they lose each year because of the tax.

Wow very interesting. The tax codes in the hands of some politicians is a lot like a 44 mag in the hands of a 5 year old.

8 posted on 02/28/2003 9:22:32 AM PST by biblewonk
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To: kattracks
The author might want to check into "Native-American" smoke sales figures.
9 posted on 02/28/2003 9:22:56 AM PST by facedown (Armed in the Heartland)
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