Sin tax collections strong: ; Stress from recession cited for steady taxes
Charleston Gazette › June 23, 2009
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Summary
While state tax collections for the 2008-09 budget year are running nearly $12 million behind estimates through May, sin taxes are running ahead of projections for the fiscal year, which ends June 30, state revenue figures show.
State Budget Director Mike McKown offered one theory Monday on why taxes on vices like smoking, drinking and gambling appear to be recession-proof:See the full content of this document
Extract
Sin tax collections strong: ; Stress from recession cited for steady taxes
"When people are stressed out, they smoke and drink and play the Lottery more," he said.
Through May, cigarette tax collections are...See the full content of this document
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