Record #:

4858

Author(s):

Speizer, Irwin

Abstract:

At five cents, North Carolina's excise tax on cigarettes is the third-lowest in the country. Only Virginia at 2.5 cents and Kentucky at 3 cents are lower. The low tax makes North Carolina fertile ground for cigarette smugglers, who sell stolen cigarettes in states having higher excise taxes, like New York at$1.11 a pack and New Jersey at $.80 a pack.

Source:

Business North Carolina (NoCar HF 5001 B8x), Vol. 20 Issue 12, Dec 2000, p30-37

Subject(s):

Cigarette tax; Smuggling