Cig tax could mean 1M fewer smokers

March 16, 2009 Expansion of a popular public health insurance program for lower income children is being financed by this increase in the federal excise tax on a pack of cigarettes. That increase will be $1.01 per pack, up from the current 39 cents on a $4.35 pack.

Researchers say there is almost unanimous agreement across the scientific community and policymakers that raising the price of cigarettes in whatever fashion has a consistent effect on reducing smoking rates.

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