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We've Got Good News And Bad News
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So New York raised the cigarette tax to raise revenue. And, as predicted, people are quitting to avoid going broke smoking. That will, in turn, reduce revenue. Predictable. The state can never make up its mind: Does it want more money or fewer smokers? Because if they use taxes and fees to achieve either goal, they can't have both. (WNYT-TV/Albany)
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