As many states face dwindling revenue, New Hampshire is the latest to lure out-of-state smokers with lower cigarette taxes — a move that could fill budget holes.
The New York State legislature passed a bill that will increase taxes on cigarettes by $1.60. That could mean New Yorkers might pay upwards of $9 to puff. Cigarette taxes are an easy way to raise revenue, but Jeremy Hobson reports other states aren't racing to follow New York's lead.