We fight to preserve tax competition among nations, but the principle’s effects exist within the US among the states, as well. George Scoville writes about the likely outcomes of a decision by Vermont to raise their cigarette taxes by $0.38 while New Hampshire lowers theirs by $0.10: Prices are information wrapped in incentives, and taxes […]
read more...Vincent DeMarco, president of the Maryland Citizens’ Health Initiative Education Fund, recently wrote to the Baltimore Sun to stick up for Maryland’s sin taxes. He seems to view it as the obligation of government to reduce activities it determines to be bad: In his Commentary disparaging both Maryland’s life-saving one dollar per pack tobacco tax […]
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