
Some legislators in New York State may finally be recognizing that raising taxes doesn't automatically mean an increase in tax revenues. Those in the Empire State who buy cigars at tobacco shops and other retailers are currently socked with a 75% tariff on the wholesale price of cigars. That number skyrocketed from 46% last August, thanks to a move by the state legislature. My, how half a year can change things. Now on the assembly side, Michelle Shimel and Michael DenDekker are … [Read more...]









