Who Benefits From the New York Cigarette Tax Increase?
Will the New York cigarette tax increase benefit New Yorkers? Or will it do more harm than good? The New York cigarette tax increased $1 this month...
Will the New York cigarette tax increase benefit New Yorkers? Or will it do more harm than good? The New York cigarette tax increased $1 this month to $5.35. This increase officially makes New York the state with the highest cigarette tax in the country (New York was previously tied with Connecticut.). Supporters of the tax hike claim the increased price tag will result in fewer tobacco users by discouraging people from smoking. 'Increasing the cigarette tax is going to save the lives of over 15,000 New Yorkers,' said Michael Devoli, the New York State government relations director for the American Cancer Society.