11$ for a pack of smokes in new york WTF?

[Insanecowposse]

NEW YORK (CNNMoney.com) -- New York City smokers already pay the highest cigarette taxes in the nation, but a new state law will push those taxes even higher this summer.

The state legislature on Monday approved a bill adding a state tax of $1.60 to every pack sold, effective July 1. The bill, which was signed by Gov. David Paterson, will raise the state tax to $4.35 per pack. That makes the Empire State's tax on smokes the highest in the nation.

New York City smokers pay an additional municipal tax of $1.50 per pack, for a current total tax of $4.25 per pack. That's the highest state-local tax whammy in the country, according to the Campaign for Tobacco-Free Kids. Chicago is the runner-up, at $3.66 per pack.

This new tax increase means that smokers in the city will pay $5.85 per pack in taxes. This drives the average local price up to nearly $11 per pack, according to some estimates.

The tax hike is aimed at generating an additional $440 million in 2010-2011 tax revenue to support healthcare programs.

The bill also requires that cigarettes sold at Native American reservations be taxed. State Sen. Jeffrey Klein, a Democrat representing parts of the Bronx and Westchester County, said that taxes on reservation-sold cigarettes will provide the state with $150 million in revenue during the remainder of 2010, followed by $500 million in annual revenue thereafter.

This will be a financial hit to tribes like the Shinnecock Indian Nation in Southampton, where several stores sell tax-free cigarettes.

"We've had very preliminary talks with not only Gov. Paterson but the Spitzer administration, so we knew this was coming and we're following it closely," said Randy King, chairman of board of trustees for the Shinnecock Indian Nation, which was recently recognized by the federal government. "We're just going to take the information back to the tribe and see what direction we get on how to approach it."

[sTr]

!'m glad ! quit, especially if this is what it's coming to.. fuckin cigarettes...

[Paullehh]

What is the usual price for a 20 pack of smokes?
It's like £5.30 here or $7.88 ~

[Insanecowposse]

Its around 6$ for an offbrand and 7 for newports or name brands. Most around here are rolling there own pipe tobacco into ciggarettes because its not taxed like regular tobacco and its a lot cheaper although more time consuming.

[sTr]

! rolled my cigs for the whole time that ! smoked, it was good times and a funy hobby.. ! suggest it to all the bored kids ! see...

[juggalogigolo]

just smoke a pipe.

[Grimlin]

Insanecowposse Wrote:Its around 6$ for an offbrand and 7 for newports or name brands. Most around here are rolling there own pipe tobacco into ciggarettes because its not taxed like regular tobacco and its a lot cheaper although more time consuming.

Yup i did it for awhile too.I still have my kick ass rolling machine.

[Alhazred]

God damn. the prices are going to kill me a lot faster than the cigarettes will

[Stoopid Dog]

I pay 4.10 Cents for my smokes. SUUUUUUUUCKASSS

[N-Do]

3.90 for marlboro's after tax cuz thankfully they offer $1 off on the 54's like always

[tdot]

i pay up to 13 bucks for a pack the cheapest i have ever gotten is 6 bucks but thats for a budget brand smokes and their nasty

[Stoopid Dog]

How do you get Marlboro coupons? Ive smoked them for 13 fucking years, never got shit. Fuck that.!

[tdot]

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