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

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

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

De Blasio on Wednesday announced a package of proposed bills that would, among other things, raise the base price of a pack of cigarettes from $10.50 to $13, making NY home to the costliest cigarettes in the country.

The bill to cap the number of e-cigarette dealers in the city "is a major step to limit the use of e-cigarettes, which are unsafe nicotine delivery systems that can lead to nicotine and potentially drug addiction", said Council Member Cabrera.

NY tax on cigarettes is $4.35, the highest in the nation, and brand-name packs there are already around $12.

The mayor says over 80 percent of children in New York City were accepted to the school of their choice.

"There are 29 times more tobacco retailers in New York City than there are Starbucks", de Blasio said.

De Blasio made the announcement at an anti-smoking event Wednesday. New York State leads the nation when it comes to cigarette smuggling and 55.5% of cigarettes smoked in the state in 2014 came from smuggled sources, according to a study published in January by the non-profit Tax Foundation.

Contrary to the public health concerns that Cabrera raised, the same report said that the interest of public health is served by working to "promote the use of e-cigarettes, NRT and other non-tobacco nicotine products as widely as possible as a substitute for smoking in the United Kingdom". That's where kids get cigarettes.

A federal excise tax increase, which would have a greater impact on consumption, isn't imminent given the Trump administration's push to reduce taxes and cut regulation, Jeffrey Burger, who co-manages the Dreyfus High Yield Municipal Bond fund, has said. "We want to make it easier to quit and harder to smoke".

"New York in particular, I mean, people have just grown accustomed to the insane prices they are already are at", Ali said. The city in 2013 also raised the age to buy cigarettes from 18 to 21.

"I think the price is high but people who smoke are going to smoke", Hashan said. Settlement payments are based on cigarette shipments.