NECSMA Speaks Out on Massachusetts Increasingly Absurd Flavored Tobacco Ban csnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from csnews.com Daily Mail and Mail on Sunday newspapers.
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A new report from the New England Convenience Store and Energy Marketers Association (NECSEMA) shows Massachusetts’ move to ban menthol tobacco products cost the Bay State more than $62 million in lost tax revenue. (NH Journal)
By Christopher Maidment
A new report from the New England Convenience Store and Energy Marketers Association (NECSEMA) shows Massachusetts move to ban menthol tobacco products cost the Bay State more than $62 million in lost tax revenue. Meanwhile, New Hampshire has gained more than $28 million in tobacco excise taxes since the ban took effect.
Subscribe You re welcome, New Hampshire, Jon Shaers, Executive Director for NECSEMA, told NHJournal. Massachusetts loss is New Hampshire s gain. Stores north of the Bay State line have seen increases of 500 to 600 percent, Shaers said.
Boston Herald | Dec 23, 2020 | News | 9
(AP Photo/Bill Sikes, File)
Gov. Charlie Baker signed up Bay State taxpayers for a controversial carbon tax initiative praised by climate activists and blasted by businesses and residents concerned an up to 9-cent hike per gallon of gas could hit their bottom line as the state struggles to rebound from the coronavirus pandemic.
The “trailblazing” multistate Transportation and Climate Initiative sets a goal to reduce motor vehicle pollution by at least 26% and generate over $1.8 billion for climate causes in Massachusetts by 2032, Gov. Charlie Baker said in a statement announcing the partnership on Monday.
The cap-and-invest program will set a cap on vehicle emissions and mandate fuel distributors to buy permits for the carbon dioxide they emit a cost businesses say will be handed down to the drivers at the gas pump.
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