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

To: TheKidster
View your tobacco taxes, a comparison of state excise taxes on cigarettes to state excise taxes on beer and wine, MSA payments to date, State laws, and links to other state-specific information.

Colorado Information

Tobacco Taxes

Colorado's excise tax per pack of cigarettes: $0.200
Colorado's excise tax collection for the
fiscal year ending June 2002: $58,518,000

Sales tax on tobacco products: 2.90%

Federal excise tax per pack of cigarettes: $0.39
Total federal excise tax collections in fiscal year 2002: $7,512,700,000 

Number of six-packs of beer that must be sold in Colorado to produce the same state excise tax revenue generated by one carton of cigarettes: 44.4

Number of bottles of wine that must be sold in Colorado to produce the same state excise tax revenue generated by one carton of cigarettes: 36.1

--------------------------------------------------------------------------------

Colorado Smokers' Contributions to the State Economy - FY2002

In 2001, Colorado smokers comprised only 22.3%1 of the adult population in the state. Here is what they already pay because they choose to buy a legal product:

Smokers Pay Excise Taxes2
$ 58,518,066

Smokers Pay Tobacco Settlement Payments3
$ 97,988,866

TOTAL $ 156,506,932



535 posted on 11/18/2006 9:23:39 PM PST by SheLion (When you're right, take up the fight!!!!!)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: SheLion
30.6% of Colorado smokers had household income LESS THAN $25,000 16.4% of Colorado smokers had household income EQUAL TO or GREATER THAN $75,000

That's because smokers are less educated and younger than non-smokers. It figures that they would make less money. As people get smarter and wiser with age they are less likely to smoke.

536 posted on 11/18/2006 9:36:18 PM PST by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
[ Post Reply | Private Reply | To 535 | 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