Cigarette tax hike generates benefits

From the Lexington Herald-Leader

Here’s hoping Kentucky shared in the national decline in teen smoking reported recently by the U.S. Centers for Disease Control and Prevention.

USA Today attributes an “historic drop in smoking,” not just among teens but across all age groups, to a 62-cent increase in the federal cigarette tax in 2009.

Raising the federal tax to $1.01 a pack has brought in about $30 billion in new revenue to the U.S. treasury.

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