Thursday, September 17, 2009

Wisconsin "Buttleggers"?

Smokers looking for a break on cigs from the Indian Reservation may be in for a shock soon.

Dismayed by the lost tax revenue, New York City has waged a legal battle that could put shops like Morrison's out of business. This month, Poospatuck stores may have to begin collecting taxes for the first time because of a federal judge's ruling that untaxed sales to non-Indians are illegal.

New York has lost $700 million in tax revenue and the sale of buttlegger cigs looks to be a heck of tax free business.

Can Wisconsin and other states be far behind in enforcing this law? It will be interesting to see if the legislature and the governor are willing to look into this revenue stream.

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