Over Half of All Cigarettes Sold in New York Are Smuggled

March 25th, 2014
in News, econ_news, syndication

from Felix Richter, Statista.com
by Niall McCarthy

According to a report from the Tax Foundation, 56.9 percent of cigarettes sold in New York are smuggled.

Follow up:

This is an unintended consequence of high state taxes on cigarettes. Criminals have been obtaining cigarettes in low-tax states before selling them on in high-tax states.

Smuggling is highly lucrative and may take various forms including counterfeit tax stamps, counterfeit brands or hijacked trucks. Arizona and New Mexico are the second and third worst states for cigarette smuggling with rates of 51.5 and 48.1 percent respectively.

Infographic: Over Half of All Cigarettes Sold in New York Are Smuggled | Statista
You will find more statistics at Statista

 









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