Chicago Approves Nation's Highest Cigarette Tax

Law360, New York (November 27, 2013, 12:22 PM EST) -- Cigarettes in Chicago now have the highest taxes in the nation after a 50-cent tax hike was approved Tuesday.

Mayor Rahm Emanuel had originally proposed a 75-cent tax hike but compromised on the lower rate amid concerns that customers would resort to the black market if cigarettes became so expensive.

With the new tax, a pack of cigarettes in Chicago carries $7.17 in federal, state and local taxes. Those taxes in New York City, for comparison, amount to $6.86.

A spokesman from the mayor’s office confirmed...
To view the full article, register now.