Pro & Con: Legislature right to keep tobacco taxes out of tax plan?

After decades of increasing tobacco taxes at the federal, state and local levels, some states are beginning to buck this fiscally burdensome and irresponsible trend. On March 17, the New Hampshire House of Representatives passed a bill that would cut the state’s cigarette tax by a dime, to $1.68 per pack. Two other states with high tobacco taxes — New Jersey and Rhode Island — also are considering proposals to reduce taxes on tobacco products to make their state’s tax rates more competitive. ... read more >>