Sometimes people wonder why the legislation surrounding various taxes is so complex, given the relatively straight-forward nature of those taxes. The Tax Foundation provides a telling example in a recent post about the definition of a cigarette: Cigarettes are taxed in New Mexico, as everywhere else, and at a pretty hefty rate. As the tax [...]
Tag: complexity ↓
Cigarettes and the complexity of the tax code
December 28th, 2007 · No Comments
Category: Taxation
Tags: cigarette, complexity, definition, legislation, tax
