Posts tagged: Tax

Contraband cigs worth RM2m seized

Tweet KOTA KINABALU: City Marine Operations Force (MOF) personnel have seized 176,000 packets of smuggled cigarette worth some RM2 million. A driver of a lorry transporting the contraband cigarettes was detained while another managed to escape during the separate raids at about 9pm on Tuesday in Menggatal. Acting city police chief Supt Ramli Ali Amat told reporters at a news conference here yesterday that during the first raid, a team of MOF per ... Jump to full article >>

Texas House Slashes Loose-Leaf Tobacco Tax

Tweet The lawmakers reduced the tax on loose-leaf tobacco from $1.13 per ounce to 80 cents. AUSTIN, Texas – The Texas House approved a 33-cent decrease to the state’s loose-leaf tobacco tax, the American-Statesman reports. The bill would drop the loose-leaf tobacco tax from $1.13 to 80 cents. “We just created an incentive for people to use cancer-causing products,” said Rep. Jason Isaac, who was the lone member to speak up against the bi ... Jump to full article >>

Tobacco tax to increase

Tweet The Health Bureau (SS) has plans to raise the tobacco tax prior to the anti-smoking law becoming effective on January 1, 2012. SS director Lei Chin Ion told reporters yesterday the bureau has proposed a rise in the tax to the Economic Services Bureau and is now working on several administrative regulations to accompany the anti-smoking law, according to TDM news. The anti-smoking law was published yesterday in the Official Gazette. The law ... Jump to full article >>

Neb. Lawmakers Mull Collecting Tribal Tobacco Tax Revenue

Tweet LINCOLN, Neb. — A bill that would create a way for Nebraska to collect tobacco tax revenue from Native American tribes advanced Wednesday through a first-round legislative vote. The measure would call for state officials to reach compacts with tribes so they could collect money to comply with a national legal settlement with the four largest U.S. tobacco companies. At stake is $46 million in settlement money for health care expenses. ... Jump to full article >>

Bringing cigarette-tax stamps back would raise money, fight crime

Tweet Legislators are trying once again to curb cigarette smuggling, both into and out of North Carolina, by re-establishing a stamp on cigarette packs. This year, the odds look better than in the past, and that is good. North Carolina has long had one of the lowest state cigarette taxes. Because of that, organized crime and terrorist organizations have bought cigarettes here and resold them illegally in high-tax states. In recent years, cigarett ... Jump to full article >>

VGA Opposes taxes that hurt businesses

Tweet On April 15th, the very day many Vermonters’ are trying to pay their end of year tax obligations, the Vermont Senate Finance Committee voted to increase the cigarette tax by $1.00 per pack, making Vermont more than $20.00 carton higher than New Hampshire. Here’s why we oppose this tax increase: The Importance of Buying Local Stemming the Loss of Retail Business Across Vermont’s Borders There has been significant focus across Vermont i ... Jump to full article >>

Heated debate over proposed N.H. tobacco tax cut

Tweet Call it a duel between tobacco tax studies. During a floor debate in the Legislature last month on lowering the New Hampshire tobacco tax, Rep. Patrick Abrami, R-Stratham, said the move was necessary to help small businesses rebound and strengthen a competitive advantage in lower cigarette taxes with neighbor states. “We have reached the tipping point,” Abrami said about the sizeable increase in tobacco taxes that had taken plac ... Jump to full article >>

Australia Unveils New Anti-smoking Regulation

Tweet Fighting tobacco in the political arena has proven to be a tough battle for those countries attempting it. As cigarettes and tobacco products are not actually illegal, governments that have wished to reduce smoking through regulation have been forced to seek alternative measures, such as heavy taxes and requiring tobacco companies to label their products with warnings of the addictive properties and dangerous health effects of tobacco use ... Jump to full article >>

Big Tobacco trying to deceive us, again

Tweet Florida consumers send more than $3.7 billion annually to tobacco giants in Richmond, Va., and Winston-Salem, N.C., and a few other states. These major tobacco companies control more than 80 percent of the market in Florida and the nation. Phillip Morris/Altria and RJ Reynolds manufacture Marlboro, Camel and other top brands at enormous factories employing thousands of workers in states other than Florida. Four of the biggest companies also ... Jump to full article >>

House Holds Public Hearing On Tobacco Tax

Tweet Democrats held an informational meeting on raising the cigarette tax in Idaho by $1.25 per pack, a move forced by the Republican Party’s refusal to schedule a hearing. About 60 people attended Monday’s session. Democrats want a tax hike from 57 cents per pack now to help reduce smoking – and raise money to fund programs being cut, including public schools and Medicaid. Republicans, even those who also favor a cigarette tax ... Jump to full article >>