Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: JeanS
Robert L. Shepherd, a former New York State tax official, predicts the city will see a decline in revenue as smokers shop around. "I think with $1.50 they'll pass the tipping point," he told the Times. That's what happened several years ago in Canada, where the government was forced to cut cigarette taxes in response to widespread smuggling and evasion.

Pretty much. For a while, there were some upstate NY'ers and Canadians making fat money floating smokes across Lake Ontario by the boatload...

14 posted on 07/05/2002 8:57:11 AM PDT by general_re
[ Post Reply | Private Reply | To 1 | View Replies ]


To: general_re
Pretty much. For a while, there were some upstate NY'ers and Canadians making fat money floating smokes across Lake Ontario by the boatload...

And the black market is set to arrive again, the government has now raised the price of a carton to $52.

39 posted on 07/05/2002 10:27:49 AM PDT by Great Dane
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson