The Tax Factor was created to educate individuals and small-business owners about taxes. Let’s face it, nothing in life is guaranteed except death and taxes. Okay, maybe that sounded pretty depressing but the goal of this blog is to help you find the information to learn how to make taxes work for you. Taxes can be extremely complicated but knowing about deductions and credits can save you thousands of dollars per year.
Sep 19, 2012
Smoking Cigarettes Tonight: Cigarette taxes 'disproportionately burden' the poor
New research finds that high cigarette taxes take a heavy toll on low-income smokers, compared to those who are wealthier.
First of all....DUH!!! Ok, lets continue with the story.
In a study, researchers at RTI International found that poor smokers in New York state -- which has the country's highest state cigarette tax at $4.35 a pack -- spent about 25 percent of their household income on cigarettes. Nationally, the average spending was about 14 percent.
By contrast, the richest smokers nationwide and in New York spent about 2 percent of their household income on cigarettes.
"Excise taxes are effective in changing smokers' behavior," study author Matthew Farrelly, chief scientist and senior director of RTI's public health policy research program, said in an RTI statement. "But not all smokers are able to quit, and low-income smokers are disproportionately burdened by these taxes."
Despite the high taxes in New York state, the study found that the percentage of people with incomes under $25,000 who smoked didn't decline from 2003-2004 to 2009-2010.
The only people to benefit from cigarettees are the corporations that sell them and the people that got paid to do this obvious study. Everyone else including the government are all losers. I still can't believe that corporations are allowed to sell this deadly chemical. I guess money talks in the end.
The researchers relied on surveys of more than 13,000 people. The study, funded by New York State Health Department, appeared Sept. 12 in the journal PLoS One.