South Carolina Considers Hefty Cigarette Tax Hike
March 24, 2009
The increase would push South Carolina’s tax higher than its neighbors, so it may not bring in the revenue they expect. More importantly, the fairness of taxing a small group of politically unpopular (and mostly low-income) people to fund government programs for all should be considered. This can lead to budget instability as citizens demand more government than they are willing to pay for.
More on cigarette taxes here.
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