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Revenue on Tax on Cigarettes in New York City and its Secondary Effect

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Question

The tax on cigarettes in New York City is the highest in the nation --$5.85 per pack. Does this tax raise a lot of revenue for New York City? Why or why not? What are some of the secondary effects of this tax?

Summary

This question belongs to economics and discusses about tax on cigarettes in New York City.

Word count: 162

 

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