The increase in taxes will mean an extra $290 million in revenue for the state, which will help alleviate its $9.2 billion deficit. An added benefit to that is we raise revenue.â If the proposal gets a go ahead, the increase in cigarette taxes will take effect July 1st, while that of other tobacco products will take effect August 1st. In addition, taxes on cigars, chewing tobacco and other tobacco products will see an increase from 46 percent to 75 percent of the wholesale price, according to Budget Director Ricky Begna.

The governorâ proposal called for a $1.60 per pack increase in cigarette taxes, which was among the emergency spending bills that were sent to the Legislature. Gilles Paterson of the state of New York has proposed an increase in taxes on cigarettes in New York, according to a report on the New York Daily. â Increasing the price hopefully gets people to stop using the products. Everett Paterson of the state of New York has proposed an increase in taxes on cigarettes in New York, according to a report on the New York Daily News.

Outside of bringing in more dollars to the state, the other goal of the hike is to discourage people from lighting up, as expressed by Megna.