The government has declared a raise in tobacco excise taxes, by approximately 11.19 %, since January 1, 2016, after taking into consideration both the status of the cigarette industry and public health. “The largest tax boost of around 12.96 to 16.47 % will be applied to machine-rolled cigarettes and the smallest boost of 0 to 12 % will put on hand-rolled cigarettes,” stated the Finance Ministry’s director general of taxation Heru Pambudi several days ago as quoted on tempo.co. Read more
DFL Gov. Mark Dayton and Democratic legislative leaders reached a budget agreement Sunday, which calls for $ 2 billion in new taxes and increasing spending on schools and property tax relief.
The Democrats are relying on a hike in tobacco taxes and the governor of the long-awaited increase in income taxes on high income to pay for new spending. The budget outline scraps proposed sales tax on clothing, but lawmakers continue to consider the revival of at least part of the tax plan criticized enterprise services. Read more
“The South Carolina state legislature today took a major step to save lives and protect public health by overriding Governor Mark Sanford’s May 11 veto and passing a 50-cent tobacco tax increase. South Carolina has long held the rank of the lowest cigarette tax in the nation at seven cents and had not passed an increase since 1977. Today’s historic victory is a testament to the decade-long persistence of public health advocates in South Carolina who made the case that raising tobacco taxes is a proven method to protect public health by reducing smoking and preventing youth from starting the habit. Read more