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To: Poser
Now, let's see if the revenues really go up in Maine. At five bucks a pack, the marginal revenue from cigarette tax increases may turn out to be elastic.

The revenue won't go up.  This will just drive more people to quit, or buy off of the Internet or roll their own.  Remember, it's the American Way to Shop Cheap. 

But when the coffers aren't  filling up like in the past, the lawmakers will just spew more lies that their anti-smoking propaganda is working.  People are quitting.  And we all know that isn't the truth.

115 posted on 06/15/2005 5:11:31 PM PDT by SheLion (Trying to make a life in the BLUE state of Maine!)
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To: SheLion
But when the coffers aren't filling up.....

...they will find something else to tax to make up for the loss in revenue.

This thread is fun for a change.....

117 posted on 06/15/2005 5:20:09 PM PDT by Hot Tabasco
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