As US Online Tobacco Sales Soar To $5 Billion In 2005, States Will Lose $1.4 Billion Of Tax Revenue
04/30/01
CAMBRIDGE, Mass.--(BUSINESS WIRE)--April 30, 2001--Today, more than 100
tobacco e-tailers sell tobacco tax-free and without verifying buyers' age --
creating challenges for parents, public policy advocates, and lawmakers. By
2005, tobacco e-tailers wil
"Tobacco products are the perfect online replenishable because they are
cheap to ship, nonimpulsive, and not taxed, which saves heavy smokers a lot
of money," said Robert Rubin, director at Forrester. "Two-thirds of Internet
tobacco retailers are located on Indian reservations, making it impossible
for states to collect tax revenue."