Mike LaFaive: Illinois Could Become Number One . . . In Cigarette Smuggling
November 25, 2013
Chicago Mayor Rahm Emanuel has proposed a 75-cent a pack cigarette tax hike, which would give Chicago the highest cigarette tax in the United States. Mike LaFaive of the Mackinac Center for Public Policy calls the mayor's proposal "prohibition by price" and says if the tax increase is enacted, there will be parallels between cigarette smuggling and liquor smuggling that occurred during the Prohibition era that gave rise to Chicago's most infamous gangster, Al Capone.