From: Crain’s New York Business | Opinion
New York’s cigarette taxes have sparked a huge black market and should be rolled back
By Michael LaFaive and Todd Nesbit
New York has ostensibly made the health of its people and its treasuries a priority by maintaining high cigarette taxes, but these taxes come with a cost.
The state’s high cigarette taxes have led to rampant tax evasion and avoidance and other ugly, unintended consequences.
