Federal Tax Increase Pushes Up Price On Cigarettes
In just a few weeks, the federal government will levy one of the largest cigarette tax increases in history.
Congress voted to raise the tax from 61 cents to just over a dollar a pack.
The goal is to raise $65 billion over the next 10 years to provide coverage for uninsured children under the Children’s Health Insurance Program Reauthorization Act.
Tobacco companies have already upped their prices.
The latest jump in cigarette prices could be enough to force some to go cold turkey.











