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the easier it is for smokers to beat the system by routinely buying untaxed cigarettes, the more the intended financial incentive to quit smoking becomes meaningless. No responsible parent would want their child pre K to be dependent on such a rickety source of funding.
The more this happens, the more our licensed, tax collecting, age verifying stores lose sales of tobacco and non tobacco products, and the more excise and sales tax revenue our state and local governments lose in the process. And Adidas Football Boots Studs
In working closely with convenience store operators across New York State, I see first hand how issues facing the small business community can go unnoticed at each level of government. A decade of tax increase after tax increase on the core products we sell has had a crippling effect on our retail members especially family run, single store operators.
on our stores, state and local taxpayers, and public health. Rick Tavares.
To their credit, Governor Cuomo and the state Legislature have halted the tax hike frenzy at the state level for the time being. But a federal tobacco tax increase being sought by President Obama threatens to Puma King Top K Di Fg further weaken our businesses, chase away more state and local tax revenue, and thwart public health policy objectives.
Now the President wants to add another 94 cents to the federal tax to help fund early childhood education. If smokers were a captive audience, it would be a wonderful idea. But they not especially in New York. Our Adidas Glitch 16
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cigarette tax collection system is a leaky bucket. Back channel access to cheap, untaxed smokes pervades every community in the state.
In New York, more than in any other state, higher cigarette taxes backfire. Already, the non partisan Tax Foundation says only 4 out of 10 packs of cigarettes consumed by New Yorkers are purchased from licensed, regulated, tax collecting stores like ours. The rest are sold by bootleggers, street dealers, counterfeiters, and Indian tribes. Why? Because New York State made cigarette trafficking enormously lucrative by spiraling its excise tax to $4.35 a pack, highest in the nation, while New York City tacked on an additional $1.50. Compounding this problem, Congress in 2009 hiked the federal excise tax from 39 cents a pack to $1.01. The resulting tax included prices here are stratospheric.
Lawmakers often ask our beleaguered small businesses what they can do to help us. Our first answer is from making it any worse. Accordingly, we urge the state representatives in Congress to reject this funding mechanism for the President new program. Because, given the sad realities of the thriving black market for cigarettes induced by New York policy makers, it would only backfire Adidas Football Boots 2015/16
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