Posts Tagged ‘raise tax’

New bill would raise cigarette tax $1

Another year has brought another legislative discussion on hiking cigarette taxes to Raleigh, but support in the General Assembly may have eroded with 2010’s Republican takeover. Laurinburg’s N.C. Sen. Bill Purcell and N.C. Rep. Jennifer Weiss, a Wake County Democrat, introduced identical bills in both houses in Raleigh Tuesday to raise the state tax on a pack of cigarettes by $1. The current state rate is $.45, which ranks as the seventh lowest in the nation, and this would bring the state tax to the national median, as well as raising $300 million for the state annually. ... read more >>