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Illinois Cigarette Tax

Thursday, 20 June 2013

State officials say Illinois' $1.00 per pack cigarette tax increase isn't bringing in as much money as they'd hoped.

The year old tax took effect last June and raised the state tax on a pack of cigarettes from 98 cents to $1.98.

At the time, officials said the money would bring in desperately needed revenue, while also discouraging people from smoking.

Officials say the tax is expected to bring in $212 million in extra money for the current fiscal year.

They say that's about 39% short of the $350 million that was projected.

Authorities say fewer people are buying cigarettes, which explains the decline.

Total cigarette tax revenue for the year is expected to reach almost $788 million, up 37% from the previous year.

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