re: #131 lawhawk

There’s a move afoot in NH to cut the cigarette/tobacco taxes by $.10 a pack. The proponents of the move are that it would generate more tax revenue than keeping it at the current rate. Neighboring states have significantly higher tax rates on cigarettes.

I saw this over the weekend and just laughed. The assumptions that lead to the conclusion that cutting the tax $0.10 on a $6 pack of cigarettes would generate more tax revenue are quite ludicrous.