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Wyoming Cigarette Sales Soar 60% As Colorado Raises Tax
Some friends of mine who work at
a tobacco shop in Cheyenne, Wyoming were telling me that they had both just gotten raises. The reason for the increase in pay was because of they d seen a just over
60% jump in business.
it must be because Colorado had increased their taxes.
Not only did Colorado increase their taxes, my friends told me, but they wrote the law in such a way that tobacco companies cannot get around the higher taxes by offering sales and coupons.
The Colorado tax climbs over time and increases the total state-levied tax from 84 cents to eventually $2.64 per pack by 2027.
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