Budget & Tax

145-percent tax hike a bad idea

May 5, 2017

Jonathan Small

Tax increases are often a two-edged sword, and that is especially true of the proposed 145-percent cigarette tax increase ($1.50 per pack) currently being pushed by some tax-consumers. In this case, especially, it is a glaring warning to be careful what you wish for.

The justifications are obvious: smoking is bad for you, and the state budget needs money. A perfect solution, we are told. Except for its dramatic imperfections.

Read the rest over on The Journal Record.