proposed new cigarette taxes

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  • New taxes on vaping products, tobacco proposed in federal budget

    Starting in 2021-2022, taxation of tobacco would bring in $415,000,000 of revenue for the federal government. In 2022-2023, it would increase to $440,000,000. By the end of fiscal year 2025-2026,
    https://www.ctvnews.ca/politics/new-taxes-on-vaping-produc...

  • Proposed Bill Could Increase Cigar Tax 1000% - Cigar Dojo

    Proposed Bill Could Increase Cigar Tax 1000%. Jordan Guttormson. March 31, 2021. Press Releases. Brought to light by the Premium Cigar Association (PCA) yesterday, senator Dick Durban (D-IL) has reintroduced a bill that would increase federal excise tax on all tobacco products, most dramatically affecting premium cigars and pipe tobacco.
    https://cigardojo.com/2021/03/proposed-bill-could-increase...

  • Cigarette Tax Hike Proposed For New York State News, Sports

    Cigarette taxes in New York state could increased by another $1.89 a pack to $6.24 a pack under legislation introduced Monday in the state Assembly. A.10418, sponsored by Assemblywoman Linda Rosenthal, D-New York City, has been referred to the Assemblys Ways and Means Committee. The state excise tax of $4.35 is based on a 20-cigarette pack.
    https://www.post-journal.com/news/page-one/2020/05/cigaret...

  • Illinois Senate President John Cullerton proposes $1-per-pack

    Pritzkers proposed spending plan for the budget year that begins July 1 counted on $55 million in new revenue from his proposed 32-cent-per-pack increase in the cigarette tax and another $10
    https://www.chicagotribune.com/politics/ct-met-illinois-ci...

  • Pritzkers proposed tax and fee hikes on average Illinoisans

    Cigarette tax hike ($55 million): Illinois cigarette tax is already among the highest in the region, driving sales across state lines. Pritzkers proposed budget would hike the cigarette tax
    https://www.illinoispolicy.org/pritzkers-proposed-tax-and-...

  • 9 new Illinois taxes totaling $1.7B take effect Jan. 1

    Many of the new ways to take more money from residents have already taken effect in 2019, including doubling the gas tax and increasing the cigarette tax by $1 per pack. Nine new taxes start Jan
    https://www.illinoispolicy.org/9-new-illinois-taxes-totali...


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  • Chicago Cigarette Tax: Study Shows 75% Of Chicagoans Buy

    A cigarette tax increase is one source of revenue that legislators often see as win-win: either people will choose to keep smoking and pay an extra premium for it, or they'll quit smoking and get healthier. Lawmakers have proposed a $1-a-pack tax increase to help resolve Illinois' budget crisis.
    https://www.huffpost.com/entry/chicago-cigarette-tax-stu_n...

  • Biden Tax Plan: Details & Analysis Tax Foundation

    Bidens tax plan is estimated to raise about $3.33 trillion over the next decade on a conventional basis, and $2.78 trillion after accounting for the reduction in the size of the U.S. economy. While taxpayers in the bottom four quintiles would see an increase in after-tax incomes in 2021 primarily due to the temporary CTC expansion, by 2030 the plan would lead to lower after-tax income for
    https://taxfoundation.org/joe-biden-tax-plan-2020

  • Premium Tobacco Association Calls Proposed Cook County and

    The proposed new County tax include $1.20 per ounce for pipe and cigarette tobacco as well as $.60 per ounce for smoking and smokeless tobacco, $.30 per large cigar and $.05 per little cigar. A committee of the Cook County Board of Commissioners approved the increased tobacco taxes yesterday along with a 50 percent hike in county alcohol taxes.
    http://www.prweb.com/releases/2011/11/prweb8965148.htm


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