Arkansas Gov. Beebe Proposes $88 Million Tax Hike on Cigarettes and Tobacco Products
In his State of the State address this week, Arkansas Gov. Mike Beebe (D) proposed increasing the cigarette tax by 56-cents to $1.15 per pack. His proposal also calls for raising the tax on smokeless tobacco products. If passed, the proposed tax hike will cost consumers $87.8 million, which the governor plans to spend on expanded government healthcare programs. Due to the state's supermajority requirement, the proposal will need the support of 3/4 of legislators in each chamber.