Increase

Cigarette Tax Increase

Smoking could get more expensive if President Obama has his way. A controversial new budget proposal would raise the federal tax on cigarettes by 94 cents pe…

In a 2010 update to their 2008 study “Cigarette Taxes and Smuggling” (http://www.mackinac.org/10005), Michael LaFaive and Todd Nesbit show the strong correla…