“The bottom line is that every state fails the basic test of tax fairness.” So concludes the biennial release of the Institute on Taxation & Economic Policy’s most recent evaluation of state tax systems.
February 2015, Volume 33, Issue 4
State Tax System Shaming
Cigarette Taxes and Smuggling Go Up Together
A recent release by the Tax Foundation finds that raising cigarette taxes leads residents to consume more smuggled cigarettes, at least when that is an option.