Results tagged “blackmarket”

An additional $1.25-a-pack tax on cigarettes goes into effect Tuesday, meaning that a carton of name brand smokes will cost a staggering $85. If the average cost of a box of premium brand cigarettes rises to $8.50, 50% of that cost is directly related to taxes ($2.75 to the State, $1.50 to the City).

Smokers, you'll need to save up or shell out or simply quit, as state officials have agreed to increase the tax on cigarettes by $1.25, which would give NY State the highest per-pack tax of $2.75. And in NYC, there's that $1.50 tax, so Big Apple residents will have to pay $4.25 in cigarette taxes.

1994 was a big year for music.