Tuesday, February 9, 2016

Chicago has a Nutter view on cigarette taxes

If Mayor Emanuel's proposed hike goes through, Chicagoans will pay $7.17 in taxes per pack, plus the actual cost of their smokes.

Chicago has a Nutter view on cigarette taxes

0 comments
Packs of cigarettes waiting to be purchased at a news stand. (AP Photo/Charles Rex Arbogast) AP

So, Philly Mayor Michael Nutter couldn't convince enough state lawmakers to support his push to give the city the power to tax cigarettes.

Chicago Mayor Rahm Emanuel is under no such limitation. In fact, Cook County, Ill. residents already pay the highest state and local tobacco taxes in the U.S. - $5 a pack ($3 local, $1.98 for the state).

And Emanuel wants to add another 75 cents on top of that. Fortunately, some fair-minded aldermen, the Windy City's equivalent of councilpeople, have cut it back to a 50-cent hike.

Even still, the increase would bring Chicago's combined federal, state and local per-pack tax to $7.17 - the highest in the nation and 31 cents ahead of New York City's total tax tab of $6.86, according to the Chicago Tribune.

0 comments
We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
Help us moderate this thread by flagging comments that violate our guidelines.

Comment policy:

Philly.com comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by Philly.com staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Read 0 comments
 
comments powered by Disqus
About this blog
Dave Ralis is the Business Producer for Philly.com. Money Talks is a blog about everything and anything dealing with Money. How to make it, spend it, save it and the things people will do to get it. Reach Dave at dralis@philly.com.

Dave Ralis
Also on Philly.com:
letter icon Newsletter