$2 cigarette tax added into state budget

Indiana to raise its tobacco tax by $2 per pack

(The Center Square) – Indiana will soon raise taxes on tobacco products to help close its budget deficit. Critics say the tax hike will affect lower-income Hoosiers the most and

Tax Hike Ambush In Indiana  - Americans for Tax Reform

The new budget plan in Indiana is a disaster for taxpayers that promises future pain.  Legislative leaders, Speaker Huston, Senate Finance Chair Ryan Mishler, and Gov. Braun announced a budget agreement Wednesday and rushed it through in the middle of the night early Friday morning. The plan will slam Hoosiers with tax hikes that are extremely likely to miss revenue projections and cause future headaches for taxpayers.  A late revenue report thr…

Indiana updated budget proposal includes $2 increase to cigarette tax

Republican leaders in the Senate and House and Gov. Mike Braun reached a decision on a final budget, which includes raising the cigarette tax by $2 a pack to help address a $2.4 billion deficit. Last week, legislators received a forecast that projected a $2 billion shortfall for the next budget cycle and an additional $400 million less available in the current budget cycle. After the forecast, budget architects Sen. Ryan Mishler, R-Mishawaka, an…

Indiana to increase cigarette tax to overcome budget shortfall

The state has a $2 billion shortfall in the budget.

Cigarette, Tobacco Taxes Going Up to Fill Budget Gap – WRBI Radio

(Statehouse) – You will be paying more for cigarettes or other tobacco products, if you smoke, chew or dip, with decisions that have been made about the state budget for the next two years. The budget, as announced Wednesday afternoon at the Statehouse, also protects school vouchers and the promised income tax cuts. But, some state commissions have been cut, particularly ones that haven’t met for a while and cost taxpayers money. The press confe…

Cigarette tax hike in final budget

After $2.4 billion in projected state revenues went up in smoke last week due to the negative impact of federal tariff s and ongoing economic uncertainty, Indiana lawmakers are hitting up Hoosier smokers to make up at least some of…