Will cigarette tax increase revenue?

May 19, 2015, by John Norris

A huge chunk of Gov. Bentley's proposed tax increase comes from raising the tax on cigarettes. How effective would this really be on raising revenue? The Governor has proposed increasing the tax on cigarettes by 82.5 cents per pack. Currently, it is 42.5 cents, so the new tax would be $1.25. While still less than the national average, this would be significantly higher than the tax per pack in Georgia, Tennessee, and Mississippi. In fact,...

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