Tobacco Taxes: A Win-Win-Win for Cash-Strapped States
Thursday, February 11, 2010
By increasing cigarette taxes by $1 per pack, states could raise more than $9 billion in annual revenue to help close severe budget shortfalls, while also reducing smoking and saving lives, according to a new report released today by a coalition of public health organizations. The poll also found voters far prefer higher tobacco taxes to other options, such as other tax increases or budget cuts, for addressing state budget deficits.
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