The State of New York thought they weren't taxing New Yorkers enough so they increased the cigarette tax. The tax went up by $1.50per pack, so the total NYS tax on a pack of smokes will now be $2.75.
One can't help but wonder what the goal is. Anti-smoking groups applaud the new tax, believing it will push people to quit smoking. The legislators say they increased the tax to close the budget gap. If everybody quits smoking they won't be able to balance the budget.
Wasn't there a revolution over this sort of excessive taxation a few hundred years ago?
Sorry Smokers: cigarette prices rise $1.25 today.