NYC Attacks Online Cigarette Shoppers

March 8th, 2006 by Quan Tranh

eSmokes has settled with NYC over back taxes concerning cigarette sales online.  The terms would allow NYC to go after customers for taxes not paid on the cigarettes they ordered online.  Eventhough I don’t care for smoking I think Bloomberg is not being a financial genius.  The reason people went outside the city/state is because what they were buying was cheaper.  A brilliant business man such as Bloomberg should understand lower price attracts more customers.  If NYC wants smoker’s tax money then they should consider competing with North Carolina’s cigarette tax, rather than being anti-capitalistic and trying to shut down a system that allows consumers to get the best deal.

This entry was posted on Wednesday, March 8th, 2006 at 7:23 pm and is filed under Geek/Tech/Sci. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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