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LAO: Ballot initiative would triple cigarette taxes
An initiative aimed at next year’s ballot to more than triple the tax on California cigarettes would raise at least $1.3 billion annually, with the money going to an array of health and other programs, according to the Legislature’s nonpartisan fiscal adviser. The Legislative Analyst’s Office reported Monday that the proposal to add $2 in taxes to a pack of cigarettes would increase the per-pack taxes to $2.87.