Thursday, December 11, 2014
Tobacco Tax Is Ridiculous
I just ran the numbers and I found this hard to believe, but it's true!
Cigarettes cost about $68.50 a carton here in Pennsylvania.
There are about 14 ounces of tobacco in each carton. This works out to be around $4.89 an ounce.
The average retail price for tobacco without the tax is about $.82 (cents) an ounce.
A 600% markup after manufacture & taxes to consumers!!!
This month tobacco farmers expect to earn only $.125 cents ($2) a pound for top quality tobacco. Even less on poorer grades.
(Only little more then 3% of what consumers pay over the counter)
There's so many things I could say, but I'll leave it at this...
Why would anyone commit to a life of crime when there are so many better ways of stealing legally?
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