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Arkansas Smokers Stock-Up Before Sunday’s Tax Hike
By
Emily Rittman
Story Created:
Feb 26, 2009 at 5:49 PM CST
Story Updated:
Feb 27, 2009 at 1:54 PM CST
Arkansas smokers are stocking up on cartons of cigarettes just days before a $.56 per pack increase March 1, 2009.
The Arkansas tax will also increase other tobacco products by 36%.
On April 1, 2009 the federal government will increase its cigarette tax by $.62 per pack.
Many retailers are worried tobacco users will go across stateliness to buy cheaper cigarettes.
Arkansas law allows people to possess one carton, plus one pack of cigarettes that don’t have any Arkansas cigarette tax.
If people possess more than or sell more than $100 dollars worth of cigarettes in Arkansas that don’t have the state stamp, they can face a felony charge.
The same rules apply for more than 50 cigars or three pounds of loose smoking tobacco.
Two taxes in just two months had many Arkansas smokers and tobacco users stocking up Thursday.
Click on our video to hear smokers' and retailer's reactions.
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