Chicago Mayor Rahm Emanuel plans to increase the cigarette tax by 75 cents a pack -- a move that would raise total taxes to $7.42-per-pack, giving Chicago the highest rate in the nation. With the cost of a pack of cigarettes between $4 and $5, the tax would push the total cost well above $11. Since 2006, Chicago’s cigarette tax has been fixed at 68 cents a pack. This was after back-to-back increases of 20 and 32 cents a pack. The state and county each added on $1 over the last 18 months.
Emanuel reportedly plans to use the estimated $10 million in revenue toward expanding a vision and eye-care program now serving 30,000 Chicago Public School students. He also plans to invest more heavily in after-school and summer jobs programs for at-risk youth.
(link below)
http://www.foxnews.com/politics/2013/10/21/proposed-chicago-cigarette-tax-would-be-highest-rate-in-nation/
Monday, October 21, 2013
NEW PROPOSED CIGARETTE TAX WILL LEAD TO CHICAGO BEING HIGHEST IN NATION
Chicago Mayor Rahm Emanuel plans to increase the cigarette tax by 75 cents a pack -- a move that would raise total taxes to $7.42-per-pack, giving Chicago the highest rate in the nation. With the cost of a pack of cigarettes between $4 and $5, the tax would push the total cost well above $11. Since 2006, Chicago’s cigarette tax has been fixed at 68 cents a pack. This was after back-to-back increases of 20 and 32 cents a pack. The state and county each added on $1 over the last 18 months.
Emanuel reportedly plans to use the estimated $10 million in revenue toward expanding a vision and eye-care program now serving 30,000 Chicago Public School students. He also plans to invest more heavily in after-school and summer jobs programs for at-risk youth.
(link below)
http://www.foxnews.com/politics/2013/10/21/proposed-chicago-cigarette-tax-would-be-highest-rate-in-nation/
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