Posts Tagged ‘cigarette tax indexing’

Minnesota’s Shrinking Cigarette Tax

The price of most items that consumers purchase increases over time due to inflation. This year, however, the impact of inflation was removed as it applies to the tax on one of the most deadly over-the-counter products that Minnesotans can buy: cigarettes. The repeal of the annual inflation adjustment to Minnesota’s cigarette tax effectively freezes…

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Indexing Cigarette Taxes is Smart Public Policy

The per pack cigarette tax in Minnesota is indexed (or adjusted annually) based on the change in the average cigarette retail price. As a result of indexing, the tax on a pack of cigarettes has risen from $2.83 in 2014 to $3.00 per pack in 2016 and will likely increase again next year. Opponents of…

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