There the state Supreme Court struck down a $1.50 per pack cigarette tax hike approved by Sooner State lawmakers in May. In fact, all of the money from this tax would line the pockets of retailers, including many large corporations, with none of the collected tax revenue making its way to public coffers where it could theoretically serve a common good. This proposal in Minneapolis is modeled after the bag tax enacted in California, which remains the nation’s only statewide bag tax. As with the ordinance proposed in Minneapolis, revenue from California’s bag tax does not generate revenue for government coffers or for environmental improvement projects. Instead, Golden State lawmakers designed their bag tax so all of the money is funneled into the bank accounts of retailers.

Source: Forbes August 12, 2017 14:28 UTC