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Old 05-10-2014, 07:45 AM
 
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I'm not a smoker but I saw that sign at Rite-Aid. I know cigarettes are heavily taxed but does the government have the right to set minimum prices on anything?
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Old 05-10-2014, 07:47 AM
 
Location: SC
8,793 posts, read 8,190,585 times
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They are not setting a minimum price. They are setting a minimum tax, which they certainly can do.
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Old 05-10-2014, 07:50 AM
 
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Quote:
Originally Posted by blktoptrvl View Post
They are not setting a minimum price. They are setting a minimum tax, which they certainly can do.
Taxes are not $10.50 a pack. Are you saying that taxes are flexible depending on the retail price of a pack?
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Old 05-10-2014, 10:17 AM
 
Location: SC
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No, I am saying the company can set it's minimum price for sale of each pack. The rest are taxes.

You asked if the government has a right to set minimum sales price on anything. I answered, that the government has the right to set minimum taxes.
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Old 05-10-2014, 10:21 AM
 
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The bootleggers must be making bank.
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Old 05-10-2014, 10:26 AM
 
Location: NY
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Originally Posted by BBMW View Post
The bootleggers must be making bank.
It must be what's pushing more kids to begin smoking.

Cig companies must love it.

Thumbs down.
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Old 05-10-2014, 10:30 AM
 
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Kids have been smoking (and drinking BTW) since there have been cigarettes (and booze.) In the end, there's noting the gov't can do to stop it.
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Old 05-10-2014, 11:46 AM
 
Location: NY
774 posts, read 908,396 times
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Quote:
Originally Posted by BBMW View Post
Kids have been smoking (and drinking BTW) since there have been cigarettes (and booze.) In the end, there's noting the gov't can do to stop it.
Raising the taxes can stop it as long as there aren't ways around the taxes, like bootlegging or buying on line from reservations (and then bootlegging).
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Old 05-10-2014, 01:23 PM
 
Location: SC
8,793 posts, read 8,190,585 times
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Quote:
Originally Posted by blktoptrvl View Post
No, I am saying the company can set it's minimum price for sale of each pack. The rest are taxes.

You asked if the government has a right to set minimum sales price on anything. I answered, that the government has the right to set minimum taxes.
I was wrong... It used to be high sales tax. Now the OP is right, NYC DOES set a minimum sales price. Guess we will find out if they have the right to do that soon.

Tobacco companies want lower cigarette prices in New York City | 7online.com
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Old 05-10-2014, 01:46 PM
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Location: Western Massachusetts
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New York State sets its own minimum price as well
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