New York Loses $400 Million After Imposing The Nation’s Highest Cigarette Tax
Guy Bentley New York is reaping the whirlwind of sky-high cigarette taxes with a wave of smuggling decimating the state’s revenue. New York holds the dubious honor of having the highest cigarette taxes in country, with the average pack of smokes in New York City costing as much as $10.60. New York raised taxes on cigarettes…