In a news release, President Barack Obama, a former smoker, said CVS was setting "a powerful example, and today's decision will help advance my administration's efforts to reduce tobacco-related deaths, cancer, and heart disease, as well as bring down health care costs -- ultimately saving lives and protecting untold numbers of families from pain and heartbreak for years to come." Locally, Bridgeport Mayor Bill Finch tweeted his support for the move remarking, "How cool is this!" Standing in front of a Main Street CVS store that did still have some cigarettes on display Wednesday night, Bridgeport resident Cheri Humphrey said the move was a good one
Source: Sales Tax Handbook Tennessee taxes on alchohol and tobacco Swipe to scroll horizontally Source: Sales Tax Handbook Swipe to scroll horizontally Source: Sales Tax Handbook Tennessee estate and inheritance taxes There is no estate tax or inheritance tax in Tennessee
The analysis acknowledges that "revenue losses would occur due to lower consumption of tobacco products due to the higher excise taxes" although the decline in smoking "appears to have stalled in recent years." So legislative analysts acknowledge that a dramatic tax hike from 87 cents per pack to $2.87 is high enough to depress revenue over time
In Russia, the products can be purchased online via AliExpress, Yandex, and, again, jouz.com
