quote:The loss of cigarette sales, ancillary product sales, and income to businesses and workers reduced New York City's tax revenue by $64 million. Thus the city's net revenue from its $250 million tax increase turns out to be just $43 million.
They should be looking at the increased revenue in cigarette sales,ancillary product sales, income to businesses and workers, and taxes in surrounding states.
It's rather eye openning.
Posts: 1889 | Location: Virginia | Registered: Tue February 08 2000
