Oklahoma cigarette tax increase helps fill Arkansas coffers
LITTLE ROCK, Ark. (AP) -- A fiscal officer for the state of Arkansas says an increase in Oklahoma's cigarette tax last year helped bump Arkansas' cigarette tax revenue by about $4-million.<br/><br/>CigaretteTuesday, January 24th 2006, 5:15 pm
By:
News On 6
LITTLE ROCK, Ark. (AP) -- A fiscal officer for the state of Arkansas says an increase in Oklahoma's cigarette tax last year helped bump Arkansas' cigarette tax revenue by about $4-million.
Cigarette tax collections rose from more than $125-million in 2004 to more than $129-million last year in Arkansas.
Oklahoma raised its cigarette tax from 23 cents to a $1.03 a pack. In Arkansas the tax is 59 cents a pack.
John Theis -- with the Arkansas Department of Finance and Administration -- said that helped draw Oklahomans across the border to buy cigarettes in Arkansas.
Get The Daily Update!
Be among the first to get breaking news, weather, and general news updates from News on 6 delivered right to your inbox!
More Like This
January 24th, 2006
September 29th, 2024
September 17th, 2024
Top Headlines
December 26th, 2024
December 26th, 2024
December 26th, 2024
December 26th, 2024