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Old 03-12-2009, 02:40 PM   #12
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Join Date: Mar 2008
Posts: 2,217
Default Re: Cigarette/sin taxes

Originally Posted by Fuhqueue
Studies show demand for cigarettes is generally inelastic, tax revenues increase as a response to higher duties, even with a corresponding reduction in quantity demanded. Or, to illustrate diagramatically:

So as you can see, it's plain as day
funny shit man

Originally Posted by HAzE024
don't ***** - we're at $11 and rising here in NY.

Holy shit. That is a lot more expensive than I's only about $4 here in Georgia. I don't smoke, but a lot of my friends do. That's ridiculous I would just roll my own cigs.
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