Published: Sat, April 22, 2017
Business | By Sandy Mccarthy

$13 a pack? NYC mayor wants highest cigarette prices in US

$13 a pack? NYC mayor wants highest cigarette prices in US

As part of an aggressive initiative to reduce smoking and tobacco use in New York City, Mayor Bill de Blasio has announced five legislative proposals, including one that would add on a new to tax premium cigars.

The minimum price for a pack of cigarettes would rise to $13 in New York City under a proposal backed by Mayor Bill de Blasio.

"We are here today talking about advancing the health and well-being of all New Yorkers, saving lives, preventing tobacco-related illnesses, saving money because these preventable illnesses are costly to care for", Bassett said. If it had come in the form of a tax, perhaps the money could have been used to dig a giant hole in which to throw people who go outside to smoke only to puff away in front of a big open window, or to create a series of wind turbines outside every office building in New York City so you can enter without contracting second-hand emphysema.

In the same press release, Department of Consumer Affairs Commissioner Lorelei Salas admitted that the goal of the legislation was to make it harder to get nicotine products. If the proposed bills are passed, then NY would become the most expensive USA city for buying cigarettes.

The city's health committee will review the bills on April 27. It would create a retail license for e-cigarettes.

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Roughly 12,000 people in NY die each year due to smoking-related illnesses. "That's where hundreds of thousands of New Yorkers get untaxed cigarettes every day out on the street from black marketers and bootleggers who undercut licensed taxed retailers like the ones we represent".

The immediate impact of de Blasio's announcement on tobacco bonds issued by the New York City couldn't be determined.

"Since we came in, I've focused on opening up whole new veins in the fight for health and safety". Now those were the good ol' days of NY.

Currently, the minimum price of a cigarette pack is $10.50.

Stores selling cigarettes and e-cigarettes would also be banned from delivering cigarettes, tobacco products and e-cigarettes.

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