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.
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