Sunday, December 19, 2010

Cigs

Due to high taxes in some states and low taxes in others, cigarette smuggling has become a big business. In New York, taxes are $4.35 per pack and people are making a killing by smuggling cigs in from lower tax states. It's a replay of Prohibition except the leading player is cigs instead of booze.

In Missouri, taxes are $.17 per pack. In Kansas, taxes are $.79 per pack. So each time I drive to work, I have a new possible revenue stream. Except I know no smokers.

Rab

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