Cigarette Smuggling vs. Tobacco Taxes: Which Is Worse?
Rampant cigarette smuggling isn’t the problem in New York–“sky-high” tobacco taxes are, according to an op-ed by Patrick M. Gleason, director of state affairs at Americans for Tax Reform, in The Wall Street Journal.
Gleason’s opinion piece, titled “A Laffer Curve for Smokes,” digested here, takes the city and state of New York to task for their $180-million lawsuit against UPS over what officials allege was unlawful delivery of nearly 700,000 cartons of cigarettes. (A Laffer curve, named for economist Arthur Laffer, shows the relationship between rates of taxation and levels of government revenue.)
Related Posts
Pernod Ricard turns to QR codes to fight fakers
French beverage company Pernod Ricard will add QR codes to all products sold in...
Millions in counterfeit luxury goods recovered, six arrested
Atlanta police arrested six men accused of selling about $5 million in...
Counterfeiting Operations: 7 arrested for fake bills
A counterfeiting operation that distributed more than $200,000 in fake $100 bills...
Dismissed Customs exec Ernesto Aradanas denies link to oil smuggling
The former chief of the Bureau of Customs’ (BOC) Davao collection district has...