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
Originally Posted by HAzE024
don't ***** - we're at $11 and rising here in NY.
. That is a lot more expensive than I realized...it'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.