Increased cigarette taxes rarely produce the revenue expected by local governments. Fairly consistently, the tax increases produce a decrease in revenue, don’t meet expectations, miss budget projections or simply produce mixed results and often turn flat or negative in the years following a tax increase.
Jefferson Journal: Cigarette Tax Increases Rarely Produce Promised Revenue
Increased cigarette taxes rarely produce the revenue expected by local governments. Fairly consistently, the tax increases produce a decrease in revenue, don’t meet expectations, miss budget projections or simply produce mixed results and often turn flat or negative in the years following a tax increase.
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