Increase In Cigarette Prices Thwarts Stockpiling

by Gabe Bullard on March 23, 2009

Attempts by smokers to stock up on cigarettes before new taxes take effect on April 1st have been thwarted by a national increase in prices by tobacco companies.

Beverage Warehouse owner Greg Anastas says the increases will be rolled back to keep prices the same when state and federal taxes go up.

Anastas says the preliminary increase has stopped some customers from stockpiling before the taxes increase, and others are vowing to kick the habit.

“A lot of them are saying they’re going to be quitting, but I’ve heard that a lot in the past, I’ve been in the business 20 years,” he says. “So there’s a short term – they try to then a lot of them come back to it.”

Kentucky will also start charging sales tax on alcohol on April 1st. Anastas says several customers are planning to stock up on liquor before then.

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{ 1 comment }

Erica March 25, 2009 at 3:33 pm

I quit a month and a half ago, but it wasn’t because of the prices. I’ve smoked for 10 years, and I’ve seen my family members drop from it one by one. 6 weeks ago, my father had a heart attack. He quit smoking 15 years ago, but the damage was done, since he’d smoked since he was young. He made it through the heart attack, but this was definitely a wake up call.

Smoking is a highly addictive habit, and is hard to break, but it can be done with great support and will power. Personally, I think if they raised the price for cigarettes as dramatically as they raised the price of gasoline a few years ago, people would think twice about continuing to smoke. The economy is so bad now, if people had to choose between smoking and eating or keeping a roof over their heads, I’d think a wise person would choose the latter two options over smoking.

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