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
Organised crime could benefit from change in cigarette laws, says Bury North MP David Nuttall
GANGSTERS could benefit when branding is removed from cigarette packaging, Bury...
Chinese authorities seize millions in counterfeit goods from Pandabuy
The crackdown highlights the significant impact of counterfeit goods on global...
Man tried to sell £10,000 of fake goods from his car in A90 lay-by
A man has been fined after he was caught trying to sell almost £10,000 worth of...
Haiti – Economy : Haiti, paradise of smuggling
Because of the incompetence of the Government of Haiti to collect its taxes and...