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WFFT FOX 55 Fort Wayne
WTHI-TVCigarette tax rises to $3 in Indiana, highest in region
Smokers in Indiana will see a hike in the cost of cigarettes and other tobacco products starting today. The new state budget includes a tax increase aimed at addressing a nearly $2 billion budget shortfall.
Could tax on cigarettes be coming to Summit County to help fund arts and culture nonprofits?
The recently approved state operating budget will permit Summit County to put a cigarette tax on the ballot for voters to decide. If passed, the tax could be used to provide funds for local arts and culture nonprofits.
June inflation figures will be announced on July 3. With the 6-month inflation rate being determined, the rate of increase to be made to the Special Consumption Tax will also be finalized. The 5-month Producer Price Index (PPI) was 12.92 percent. Economists estimate that the 6-month PPI will be 15 percent with June inflation. In this case, the Special Consumption Tax rate on cigarettes will increase by 15 percent. Thus, cigarettes will increase …
ACS Cancer Action Network applauds cigarette tax increase
The $2 per pack cigarette tax increase passed by the legislature has taken effect. According to the American Cancer Society Cancer Action Network (ACS CAN) this increase will help prevent tobacco use and help those already addicted quit. “The budget passed by the legislature represents a significant victory in the battle against cancer and for the health of Hoosiers. The American Cancer Society Cancer Action Network commends the state for priorit
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