Federal Tax Hike Drives Roll-Your-Own Smokers To Pipe Tobacco
So how much has this tax-avoidance-by-substitution cost Uncle Sam? The GAO estimated that the shift to pipe tobacco and big cigars means the fed has realized somewhere between $615 million and $1.1 billion less in taxes than if the product mix hadn’t changed.
Funny that.
The law of unintended consequences strikes again.
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