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Supply and Demand With A Tax

The US federal government attempted to implement a tax on tobacco back in the 18th century. The original proposal failed. It took many years, but eventually, first taxes were introduced in the 20th century. Iowa became the first state which passed a tax at a state level for tobacco excise, in addition to the federal tax.
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    • Essentials 

    • History 

    • Under the Obama Administration 

    • Effects 

    • Taxes as a proportion of cigarette prices 

    • Smuggling 

    • Non-cigarette tobacco taxes