Obama proposes raising federal cigarette tax 94 cents a pack

In Obama’s proposed 2016 budget, one thing quietly included is a raise in the federal cigarette tax. In 2009, the feds raised the cigarette tax from $0.39 a pack to $1.01 a pack. Obama is proposing in his 2016 budget raising that tax again to $1.95 a pack.  The money would go toward CHIP and preschool … Continue reading Obama proposes raising federal cigarette tax 94 cents a pack