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New Report: $1 Cigarette Tax Increase Would Raise $113.9 Million for Colorado and Cut Youth Smoking
Date:2/10/2010

National Poll Finds Voters Prefer Tobacco Tax to Other Tax Increases, Budget Cuts

WASHINGTON, Feb. 10 /PRNewswire-USNewswire/ -- Raising Colorado's cigarette tax by $1 per pack would bring in $113.9 million in new annual revenue to help close the state's budget shortfall, while also reducing smoking and saving lives, according to a national report released today by a coalition of public health organizations.

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The report comes as states grapple with unprecedented budget shortfalls and face devastating cuts to education, health care and other essential public services.  The report details the revenue and health benefits to each state of a $1 cigarette tax increase.

In Colorado, a $1 cigarette tax increase would also:

  • Prevent 35,900 kids from becoming smokers;
  • Spur 20,600 current adult smokers to quit;
  • Save 16,900 residents from premature, smoking-caused deaths; and
  • Save $824.0 million in health care costs.

A nationwide poll released along with the report found that 67 percent of voters support a $1 tobacco tax increase, with backing from large majorities of Republicans (68 percent), Democrats (70 percent) and Independents (64 percent).  

The poll found that voters
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SOURCE Campaign for Tobacco-Free Kids
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