Local view: Taxing our way to higher crime
Sen. Mike Gloor wants to see Nebraska hike the excise tax on cigarettes by more than 234 percent, from 64 cents to $2.14. The senator’s intentions may be good but the Cornhusker State risks a massive increase in cigarette smuggling and other harmful consequences if this bill is adopted.
Smuggling may be as old as civilization and taxes. People have made a living — or at least supplemented their incomes — by covertly moving goods across borders, often to avoid a tax or import duty. Cigarettes are a popular item to smuggle because they are lightweight (and therefore easily transportable) and it is possible to make massive profits by shipping smokes even short distances.
Related Posts
Smugglers caught with thousands of fake dollar bills
Police in Battambang have arrested three Thai men and a Cambodian for attempting...
Politicians debate relationship of cigarette taxes, smuggling
The team of police officers that wrestled Eric Garner to the ground last July in...
P32.7M worth of alleged smuggled cigarettes seized at Manila port
Authorities have intercepted a total of P32.7 million worth of alleged smuggled...
Scale of counterfeiting problem is revealed in new figures
The number of high risk suppliers to the US government, including companies that...