Tag: definition ↓

Cigarettes and the complexity of the tax code

December 28th, 2007 · No Comments

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 […]

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Category: Taxation
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