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New Tax Lowers N.Y. Cigarette Sales
AP
| 8/06/02
Posted on 08/06/2002 3:31:28 AM PDT by kattracks
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To: YOMO
So now where are they going to make up the BUDGET DEFICIT?
You don't understand. Cigarette sales dropped 50% yet tax revenues rose, because the tax was raised about 2000%.
If you sell 200 boxes of cigarettes with a 10 cent tax, and then you sell 100 boxes of cigarettes with a $2.00 tax, which makes the city more money?
Of course, the city only cares about the tax. The 50% drop in sales is on cigarette packs which is where the delis and bodegas make the money. So they're the ones getting hurt.
To: Linda Liberty
Bloomberg, who is a republican last I checked Bloomberg was a DemocRAT who turned conservative to run for Mayor. Which STILL makes him a RINO!
42
posted on
08/06/2002 7:52:57 AM PDT
by
SheLion
To: Between the Lines
By the way Republican is spelled with a capitol 'R'. You know it!
43
posted on
08/06/2002 7:57:00 AM PDT
by
SheLion
it's a tax on the poor who can't leave the city and denying sales to immigrant businessmen! we need sappers and strawmen (well maybe not stawmen) to start harping on this.
To: Linda Liberty
I guess you're trying to tell me that there are no examples of Republicans cutting spending.No what I said is you have never had a good word for any Republican unless he is a RINO. You changed the subject. You bash Bush constantly, you only praise a Republican when he is a Rino, and you defend liberals.
What I am saying is that you are a liberal in Freep's cloting.... admit it....
To: Conservative til I die
"Of course, the city only cares about the tax. The 50% drop in sales is on cigarette packs which is where the delis and bodegas make the money. So they're the ones getting hurt. "
Thats the problem, a lot of small businesses depend on it for their profit. It also increases inventory costs. Profits are gone now and thus price increases for other products. An extra 25 cents for a sandwich or a bagle to make up for it.
46
posted on
08/06/2002 8:04:04 AM PDT
by
ozone1
To: Between the Lines
Find me a Republican who cuts spending, and I'll praise her.
I'm not holding my breath waiting, though.
To: SheLion
LIEberman is coming to the coast in a couple of weeks for a fundraiser for cHILLARY Pingree, got any old sore-loserman signs?
48
posted on
08/06/2002 8:05:29 AM PDT
by
ozone1
To: randita
Surprisingly, they said that the cheapest cigs in the Middle Atlantic region can be purchased in the people's republik of MD. I beg to differ - they obviously did not check out prices in Delaware. there are actually some name brands that can be purchased in Delaware even more cheaply than in Virginia, and Virginia is cheaper again than maryland.
49
posted on
08/06/2002 8:08:36 AM PDT
by
Gabz
To: kattracks
Seems to me the AP needs to do some fact checking.
29.2 million packs @ $.08 per pack = $2,336,000.
15.6 million packs @ $1.50 per pack = $23,400,000.
The difference is $21 mil., not $12.3.
50
posted on
08/06/2002 8:10:23 AM PDT
by
laredo44
To: SheLion
"In Maine, Gov. King can't balance his BUDGET without taxing the smokers. "
He can't even balance the budget with massive smokers money. HeHeHe
51
posted on
08/06/2002 8:11:00 AM PDT
by
ozone1
To: laredo44
The difference is $21 mil., not $12.3.
Yes, but of that $21 million, the City gets $12.3 million and the State gets the rest.
52
posted on
08/06/2002 8:13:51 AM PDT
by
BikerNYC
To: KS Flyover; Just another Joe; Gabz; Great Dane; Max McGarrity; Tumbleweed_Connection; red-dawg; ...
HEY there, KS!
53
posted on
08/06/2002 8:17:13 AM PDT
by
SheLion
To: BikerNYC
Yes, but of that $21 million, the City gets $12.3 million and the State gets the rest. Not true - the state also has a $1.50 per pack tax, so the state also gets its OWN $21mil.
54
posted on
08/06/2002 8:17:22 AM PDT
by
Gabz
To: Born to Conserve
Ah, payback! For all the smoke blown in my face, for all the cigarette butts and litter I have to see -- taxes are universally dumb, but I am enjoying watching the smokers squirm.With an attitude like that you can bet that you will have more smoke blown in your face. Not by the considerate smokers (they are out there), but by the inconsiderate ones.
With that same attitude the smokers will also enjoy watching YOU squirm when the govt excessively taxes something YOU like.
BTW, do you think smokers make ALL the litter you see?
To: Gabz
Not true
I was just referring to the $21 million mentioned in the article. It is true that the state gets the rest of that $21 million after the City takes its $12.3 million.
56
posted on
08/06/2002 8:19:18 AM PDT
by
BikerNYC
To: Linda Liberty
Find me a Republican who cuts spending, and I'll praise her. I'm not holding my breath waiting, though.Then why are you here in this forum???? Just to agitate and denounce us??? This forums purpose is not to bash Republicans as you would have it, nor is it here to defend liberals as you do. This forum was created to strengthen the conservative movement and what you do here is just the opposite. Why would you be a Freeper when you obviously have such liberal views? Do you hope to teach us? Enlighten us? Or are you just here to throw a wrench into the works?
To: SheLion
Bloomberg was a DemocRAT who turned conservative to run for Mayor. Which STILL makes him a RINO! I guess your point is, no actual Republican would cut spending, right?
I finally find a Republican who actually cut spending, and you guys are all ready to disown him.
BTW-- name another Republican who cut spending. I'm waiting, but I'm not holding my breath.
To: BikerNYC
I still beg to differ.
If the 15 mil or so packs of cigarettes sold in NYC with a 1.50 per pack tax generated $21 million, those same 15 million packs generated an additional $21 million for the state which also has a 1.50 per pack tax.
The city's tax and the states tax are the same - therefore will generate the identical revenue for each entity.
59
posted on
08/06/2002 8:25:22 AM PDT
by
Gabz
To: Between the Lines
What kind of conservative movement is it if it doesn't
contain anybody who wants to cut spending?
I'm the only conservative here. You are just a closet
liberal who wants to support any politician on your team
no matter how badly he behaves. Since its only about winning,
to you, you support fully spending like a Democrat to try
to take away the Democrat's issues. If it brings on
a depression, that's only bad because the voters are likely
to protest.
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