From: Richmond Times-Dispatch
Even in flush times, $3 billion isn’t exactly chump change. As states continue to climb out of the hole dug for them by the recession, it’s a huge amount of revenue.
Or rather, lost revenue. Three billion represents the amount states lose because of cigarette smuggling. As The Times-Dispatch’s series on the problem makes clear, cigarette smuggling is a leak in the fiscal bucket states across the country struggle to fill.
