A new report from The Tax Foundation shows that 57% of all cigarettes sold in New York state are smuggled illegally. This report shows the criminal process of purchasing cigarettes in states with low taxes to sell in high-tax states (such as NY) for profit on the black market.
"A majority of the cigarettes for sale in New York are illegally smuggled into the state, according to a report out Wednesday from the conservative research group the Tax Foundation.
According to the report, 56.9% of the cigarettes sold in New York—the highest importer of smuggled cigarettes—originated from out of state."
New York state now has the highest cigarette taxes in the country, at $4.35 a pack. Residents of NYC must also pay an extra $1.50 per pack.
To view the full article, please visit Time.
The Blanch Law Firm aggressively defends cigarette smuggling criminal charges.
If you or someone you know is being charged with cigarette smuggling, call 888-8-BLANCH immediately.