Higher taxes on cigarettes could drive consumption down

Chicago’s cigarette tax is the second highest in the nation.  Even though Mayor Rahm Emanuel said he would not raise taxes on most things, he specifically has not ruled out a higher tax on cigarettes.  Even though a higher tax should mean more money for the city, higher taxes could result in smokers driving across state lines to get their cigarettes.

Revenue from the sale of cigarettes has declined in past years and a higher tax could further this trend.  However, a higher tax on cigarettes could benefit the public by reducing the health care costs associated with smoking.

For the full story see, “Chicago’s cigarette tax could approach New York’s.”