пятница, 3 августа 2012 г.
New tax could crush tobacco shops
Tennessee tobacco farmers will see taxes on their products rise because of a new state law that is mirrored by a provision in the federal highway bill passed in July. Although Washington politicians have touted the federal law as supporting or creating around a million jobs, the provision taxing roll-your-own tobacco shops as manufacturers end to an entire industry.
“It’s definitely a major body blow, a knockout punch if you will,” said Mark Griffey, one of the proprietors of Smokes-4-Less in the Knoxville area. Griffey said he shut down two of his three stores and laid off nine of his 10 employees after the federal bill was signed. “So, for all intents and purposes, if we don’t get some kind of injunction or antitrust suit, or something, we’re dead,” he said.
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