Where there’s smoke, there’s taxes — especially for New Yorkers. In an emergency budget move officials say will generate $440 million in revenue, the state legislature just passed a bill that gives New York the highest cigarette taxes in the country. Starting July 1, every pack sold in the state will cost an extra $1.60, raising the total state tax to $4.35 and pushing the average cost of a pack up to $9.20. For New York City residents, the cost of a pack will now come out to close to $11 — a $2 rise from just over a year ago.
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