[Headlines Only] [Top Stories Only]
Categories
· Business (Tobacco)
· Tax
· Business (General)
· costs/finances
USA, by State
· Michigan

Study Used To Fight Proposed Cigarette Tax 

A 25 cent price jump on smokes will harm c-stores while generating little revenue, report says.
Jump to full article: Convenience Store Decisions, 2009-08-12
Author: CSD Staff

Intro:

Michigan's cigarette tax of $2 a pack could grow by another 25 cents, and c-stores are fighting the proposal with a new study, the Detroit Free Press reported.

Gov. Jennifer Granholm has proposed the tax. But a recent study conducted by three economists shows the proposal would result in minimal revenue and more smuggling from other states with lower cigarette taxes.

Jump to full article »