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Excise tax revenue grows only when the volume of the commodity sold grows, and does not respond to changes in prices. Consequently, states must continually raise the rates of excise taxes just to keep revenues up with inflation.[9] Indeed, had New Hampshire policymakers kept the 1990 cigarette tax rate of 25 cents per pack in place over the last twenty years, the state likely would have collected only about $40 million in tobacco tax revenue in FY 2009, more than $150 million below the actual level of collections that year and approximately $20 million below the inflation-adjusted level of collections for FY 1990

Women's hats were then, as they remainthough the interest today is certainly diminishedan item of significant fashionable appeal, and the C

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We hope that by helping select which signs are installed in our parks, citizens will be more willing to comply with the policy and help keep our parks free of tobacco products. For more information about the policy and the sign designs, citizens may call 297-3882 or email [email protected].