I figure that at five bucks a pack multipied by five million smokers per day that would be $ five milion per day or one thousand eight-hundred twenty-five million per year….how close am I?……….I think this is a conservative estimate…(pardon the pun)
$173,385,021
Nov 182009
Nov 072009
The Federal government has been taxing cigarettes at $3.90 a carton for years, so where the h*ll is that money?
Btw, don’t give me that old it is OK to tax cigarettes, this applies to lots of different taxes being raised.
That’s a very hard tax to track down! When SCHIP came up last year, I tried to find out how my state was using the cigarette tax money and <pardon the pun> it’s smoke and mirrors.