вторник, 17 мая 2011 г.

Rhode Island Lawmakers Consider Lowering Cigarette Taxes

Well here’s a different twist: Rhode Island’s General Assembly is planning to review a proposal that would lower the state’s cigarette excise tax by $1 per pack.

The Associated Press reports that the bill runs counter to a trend that has seen dozens of states consider raising cigarette taxes to help reduce budget deficits.

Proponents of the Rhode Island bill argue lowering the cigarette tax would provide a boost to Rhode Island’s tobacco retailers by attracting smokers from neighboring states. Lawmakers in New Jersey and New Hampshire have adopted a similar strategy, introducing bills earlier this year to lower their state tobacco taxes.

Rhode Island assesses a $3.46 state tax on each pack of cigarettes — the second-highest state excise tax in the country.

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