Cigarette Tax Hike In Chicago Makes A Pack Of Smokes In The Windy City The Priciest In The Nation

Taxes on cigarettes are rising yet again in Chicago with a 50-cent increase that makes smokes in the Windy City the most highly-taxed in the country.

Chicago’s City Council overwhelmingly approved the cigarette tax hike as part of Mayor Rahm Emanuel’s 2014 budget on Tuesday.

In combination with state and local taxes, the city tax increase pushes the total taxes on cigarettes sold in the city to $7.17 a pack, WGN reports. Chicago’s per-pack cigarette tax will be 31 cents higher than New York City’s $6.86 per pack making them the priciest cigarettes tax-wise …read more

Source: Business