1. Cigarette Tax Economics
... in New York City, not only do they pay the state tax of $1.50, but they also pay a city tax of $1.50. With the federal tax of $.39, that brings the total tax to $3.39, and pushes the price of a pack of cigarettes to approximately $7.50. The government places these taxes on cigarettes for two reasons. The first reason is to reduce ... ...
- Word Count: 1141
- Approx Pages: 5
- Has Bibliography
- Grade Level: High School