tobacco tax new york Why York's high taxes cost the state billions New York enacts 75% wholesale

New York enacts 75% wholesale tax on nicotine pouches in state budget In 2023, New York raised its cigarette excise tax by $1.00 to $5.35 per pack. New York City imposes its own tax of $1.50 per pack, and that's before you include federal But New York Gov. Kathy Hochul is looking to change that. Her recent annual budget proposal would extend the state's 75% tax on cigarettes to alternative nicotine products like Zyn angering New York $1 cigarette tax hike goes into effect this week

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