
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
Customs team arrests Widnes suspect in ‘£11m tobacco smuggling’ raid
A 56-year-old company director from Widnes has been arrested in connection with a...
Dismissed Customs exec Ernesto Aradanas denies link to oil smuggling
The former chief of the Bureau of Customs’ (BOC) Davao collection district has...
Procter & Gamble patents counterfeit detection kit
P&G_logo_squareConsumer product giant Procter & Gamble has been awarded a...
DON’T WASTE YOUR MONEY: Beware of counterfeit products
Counterfeit products used to be something you found on street corners in big...