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The tax on vapor products would raise roughly $15 billion over 10 years.[9] While the increase will raise substantial revenue, excise taxes should not be considered a stable revenue source, since they are so narrowly imposed.[10] Decades of declining use means that tobacco taxes generally raise less revenue with each passing year

Highsmith Archive, Library of Congress, Prints and Photographs Division.

Not only has FedEx cheated the state out of millions in tax dollars, but many of these cigarettes may have ended up in the hands of teenagers, who are particularly vulnerable to low-priced cigarettes, Schneiderman said