Ohio tax may increase our market
This maybe a good new market for our tax free sales if it goes through their legislator. This maybe a positive for us. Ohio may take some of our gamblers away from us, but if this becomes a part of law we will get their smokers.
"COLUMBUS, Ohio (AP) - The American Lung Association is urging Ohio leaders to double the state's $1.25 tax on a pack of cigarettes.
The anti-smoking group released a study Wednesday showing an increase to $2.50 would provide the state with at least $350 million in additional annual revenue.
University of Illinois-Chicago economist Frank Chaloupka was the lead author of the study. He says hardcore smokers make cigarette taxes much more stable for states than income taxes.
The Cincinnati Enquirer reports a spokeswoman says Ohio Gov. Ted Strickland opposes a higher tax.
John Stephenson of the National Taxpayers Union tells the Dayton Daily News an increase would hurt Ohio retailers because smokers could drive to neighboring states to buy cigarettes at lower tax rates."
"COLUMBUS, Ohio (AP) - The American Lung Association is urging Ohio leaders to double the state's $1.25 tax on a pack of cigarettes.
The anti-smoking group released a study Wednesday showing an increase to $2.50 would provide the state with at least $350 million in additional annual revenue.
University of Illinois-Chicago economist Frank Chaloupka was the lead author of the study. He says hardcore smokers make cigarette taxes much more stable for states than income taxes.
The Cincinnati Enquirer reports a spokeswoman says Ohio Gov. Ted Strickland opposes a higher tax.
John Stephenson of the National Taxpayers Union tells the Dayton Daily News an increase would hurt Ohio retailers because smokers could drive to neighboring states to buy cigarettes at lower tax rates."

1 Comments:
you must be a businessman... some of us could care less about the smokers and the smokes and the personal fortune machines. some of us care more about our sovereignty
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