NYC Mayor Bill de Blasio threw his support behind a series of initiatives to cut tobacco use, including raising the minimum
price of a pack of cigarettes to $ 13 and taking steps to eventually reduce the number of stores that can sell tobacco products.
Johnson's introduced 33 bills that have passed the Council, mostly related to LGBT issues, affordable housing and health, including one law that increased the minimum
price of a pack of cigarettes in the city from $ 10.50 to $ 13.
Not exact matches
They've come a long way in a short time: it was just over four years ago, April 2, 1993 to be precise, when Philip Morris cut the
price of Marlboro
cigarettes by 40 cents a
pack.
If passed in the Legislature next week, the
price of cigarettes would go up $ 1.60 per
pack on July 1st and other tobacco products such as cigars and chewing tobacco would go up from 46 to 75 percent
of the wholesale
price.
In an effort to bring the city's smoking rate to its lowest ever level by 2020, New York City Mayor Bill de Blasio on Wednesday endorsed a proposal that will raise the cost
of a
pack of cigarettes from $ 10.50 to $ 13, a
price designed to snuff sales.
Silver and her colleagues studied the sales
of illegal
cigarette packs at licensed New York City retailers in the spring and fall
of 2014, after the minimum
price law was established.
Virginia does not have a minimum legal
price for
cigarettes and imposes a
cigarette excise tax
of 30 cents per
pack — the second - lowest in the country.
The vast majority
of cigarette packs were sold at
prices in compliance with the minimum
price law, suggesting that the lower
prices paid by the retailers were not passed on to customers.
A
pack of cigarettes now costs more than $ 5 on average — with some states tacking on additional taxes that raise the
price even more.
While the Fed charges a tax $ 1.01 per
pack of cigarettes, state - local taxes can push
cigarette prices even higher.
The local
price of a
pack of 20/25
cigarettes has multiplied by over 10X in the last few years.
Price elasticity is assumed to be independent of the baseline price per pack of cigare
Price elasticity is assumed to be independent
of the baseline
price per pack of cigare
price per
pack of cigarettes.