tagged w/ cigarette tax
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The New York State budget is finally a done deal. Hold on to your wallet!
The 125-day late plan for 2010-2011 brings a $9.2 billion deficit under control, but it also means you’ll have to pay more in some taxes and fees. Those taxes and fees part of a $1 billion revenue bill passed by the Senate Tuesday night which literally hits a lot of us where we shop and where we live.
Governor Paterson says the budget may not have ended up the way he wanted it – but it closes a huge deficit and does not include new debt. Governor David Paterson said, “It was a meaningful budget in that in spite of all the discussion earlier in the year, there was no borrowing. We didn’t borrow a dime.”
Here’s a breakdown of what the budget does and does not include.
- $1.6 billion in STAR rebate checks won’t be going out this year.
- The per pack cigarette tax that went into effect a few weeks ago now becomes permanent.
- A temporary reinstatement of a 4% percent state sales tax on clothing under $110 as of October 1.
- The state’s richest New Yorkers will lose half their deductions for charitable giving, but a tax aimed at hedge fund managers was dropped.
- $1.4 billion school aid cut backs as well as a contingency plan if New York loses out on all or part of the $1.1 billion of federal Medicaid assistance funds it hopes to collect
- The budget does not include the sugary drink tax the governor pushed for.
- No plan to sell wine in grocery stores.
- No plan to let SUNY and CUNY schools set their own tuition rates.
- $100 million in business tax breaks are being delayed.
Read More about the budget and the reaction here:
http://morichesdaily.com/2010/08/impact-finally-passed-york-state-budget/The New York State budget is finally a done deal. Hold on to your wallet!
The... more
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In what he casts as an attack on litterbugs and nicotine addiction alike, Mayor Gavin Newsom wants to impose a fee on an age-old inhabitant of city streets: the cigarette butt.
The proposal, to be introduced next month to the San Francisco Board of Supervisors, would add 33 cents to the cost of a pack of cigarettes, to offset the estimated $10.7 million the city spends annually removing discarded butts from gutters, drainpipes and sidewalks.
The added cost, Mr. Newsom hopes, will also dampen smokers’ urge to light up.
“In general, fees help reduce the consumption and use of tobacco,” he said in an interview. “And we think that will have a very beneficial public health component.”
Officials here say the municipal fee would be the first in the country to take aim specifically at cigarette butts, particularly filters, which are not biodegradable. But the idea is expected to run into fierce opposition from tobacco companies.
“Obviously we think people should follow the littering laws, in California and elsewhere,” said Frank Lester, a spokesman for Reynolds American Inc., the nation’s second-largest manufacturer of cigarettes. “But we oppose any additional taxation on smokers to pay for that.”In what he casts as an attack on litterbugs and nicotine addiction alike, Mayor Gavin... more
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Those of us who smoke cigarettes know how aggrivating the constantly rising sin tax on them is. One idividual, only know by the nickname "the Nicotine Ninja" has had enough. The Nicotine Ninja breaks into stores in Jefferson county and steals as many packs as S/He can. Any thoughts on this? Stealing from companies is wrong, but is The Nicotine Ninja just symptom of the rising cost or a total and worthless criminal?Those of us who smoke cigarettes know how aggrivating the constantly rising sin tax on... more
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Calling your state stop-smoking hot line for help kicking the habit? Expect a wait: Smokers are flooding the lines in a panic over an increase in the tobacco tax.Calling your state stop-smoking hot line for help kicking the habit? Expect a wait:... more
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