Guns vs. McDonald’s

There are more than 129,817 federally licensed firearms dealers in the United States, according to the latest Bureau of Alcohol, Tobacco, Firearms and Explosives numbers as of Aug. 1. Of those, 51,438 are retail gun stores, 7,356 are pawn shops and 61,562 are...

Gotta Love American Ingenuity (& Tax Avoidance)

So I’m reading two stories (here and here) about a new law that will effectively outlaw Roll-Your-Own tobacco stores.  It’s something I kinda follow because I always thought it was a decent business model (until the government outlaws your business) and...

Raise Taxes — Lose Revenue

The current taxes on a pack of cigarettes in Chicago include $2 from Cook County, 98 cents from Illinois and 68 cents from the city. If Quinn signs the latest increase, the taxes in Chicago will be $4.66 per pack, compared with 99 cents in East Chicago. On Monday, a...

New Zealand Mulls $100 for Pack of Cigarettes

New Zealand’s Health Ministry has reportedly considered boosting the price of a pack of cigarettes as high as $100 ($81 U.S.) in a bid to make the country smoke free by 2025. An internal government working paper raised the possibility of upping the cost of a...