MINNEAPOLIS (AP) — Smokers in Minneapolis will pay some of the highest cigarette prices in the country after the City Council voted unanimously Thursday to impose a minimum retail price of $15 per pack to promote public health.
The ordinance not only sets a floor price. It prevents smokers and retailers from getting around it by prohibiting price discounts and coupons, which several tobacco companies circulate online to lure customers and reinforce brand loyalty. The minimum price also applies to four-packs of cigars. Distribution of free samples is prohibited.
Consumer prices are expected to run even higher after taxes are figured in. While retailers will get to keep the extra money paid by smokers, the higher prices are expected to snuff out at least some of their sales. E-cigarettes, which have grown in popularity, were left out because their prices vary too widely.
Related articles:
Related suggestion:
Brazil’s Central Bank reduces basic interest rate to 11.25% per yearAs it happened: Rain lashes North and South IslandsLong Beach Police arrest 4 in gangTrump suffers pair of setbacks as judges reject calls to dismiss chargesDepartment of Conservation set to lose scientific expertise in job cutsVOX POPULI: Journalist Anna Politkovskaya fearlessly called out injusticesShocking video of a Rottweiler mauling 2This popular destination will increase its tourist tax in 2024Explore Taiwan's Treasure Hill Artist Village‘Robust' US has helped improve global economic outlook, IMF chief says
0.2102s , 6496 kb
Copyright © 2024 Powered by Minneapolis smokers to pay some of the highest cigarette prices in US ,Culture Circle news portal