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Cigarettes Up to $7 a Pack With New Tax/New York City
New York Times ^
| 1 Ju,y 2002
| MICHAEL COOPER
Posted on 07/01/2002 6:16:23 AM PDT by SheLion
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To: I Hired Craig Livingstone
Looks like I'll be about a thousand dollars richer next year. : ) You may be surprised, it may even be more.
Last weekend I sat down and actually did the math. In the 2 years that my husband and I have been making our own cigs we have cost the state of Delaware an average of over a thousand dollars each year in taxes and MSA payments alone, and Delaware cig taxes are only 2.40 a carton. We have also kept over 600 a year from the Feds.
These are just the sin taxes on the cigs we are saving. The average for a carton of major brand cigs arond here is about $24 - at least $10 of that is taxes and MSA payments, so you're looking at roughly $14 in cost for the carton before taxes. Our cigs cost us $6.50 carton.
In this 2 smoker household we are saving well over 2 grand a year. But what is really sweet, about 1500 of it is money that would have otherwise gone to the government.
41
posted on
07/01/2002 12:20:55 PM PDT
by
Gabz
To: alisasny
Do they have a web site? I would like to show my support for "Native Americans".
42
posted on
07/01/2002 2:40:48 PM PDT
by
toupsie
To: Gabz
I roll my own cigarettes as well. Even with expensive tobacco the cost saving is dramatic. The cigarette taxes are paid only by those who wish to.
To: SheLion
"This may be the most important measure my administration takes to save people's lives," Mr. Bloomberg saidLife expectancy grows steadily:-
Regardless of how many people smoke:-
Smokers pay more taxes than any other segment of society. It's a disgrace!
To: SheLion
This is a nightmare -- I blithely thought that this law wouldn't affect me, as I could always buy my cigarettes in New Jersey, but the Garden State just raised their state tax 80 cents, to make it $1.50 a pack!
To: SheLion
Bloomberg is a CONSERVATIVE. Go figure.
Bloomberg is a lifelong democrat and has given mucho cash to the democratic party. He only ran on the republican ticket because their was only one other person running in the primary unlike the democratic primary that had five people.
To: SheLion
And Bloomberg is a CONSERVATIVE. Go figure. Bloomberg was never a conservative, nor even a RINO in the usual sense. He is a life long liberal Democrat who for reasons of convenience ran as a Republican. He was a big fundraiser for Bill Clinton.
47
posted on
07/02/2002 3:02:56 AM PDT
by
Salman
To: SheLion
48
posted on
07/02/2002 3:15:23 AM PDT
by
kcvl
To: yankeedame
>>Seven bucks a pack, eh? Man,oh,man you can hear the champagne corks going off in the Mafia HQ.
Yep....they get to raise their prices, too.
To: kcvl
50
posted on
07/02/2002 3:30:36 AM PDT
by
kcvl
To: The Raven
51
posted on
07/02/2002 3:35:18 AM PDT
by
kcvl
To: SheLion
The city initially expected the tax increase to generate $250 million a year. Even if this was accurate, the money doesn't just magically appear, it gets sucked out of other sectors of the economy since those who spend the extra bucks on smokes have less to spend on other things.
52
posted on
07/02/2002 3:41:20 AM PDT
by
Jorge
To: toupsie
the site i use is ojibwas.com
53
posted on
07/02/2002 6:28:56 AM PDT
by
alisasny
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