Cigarette Manufactures have started raising prices well before April

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President Obama signed the SCHIP bill on Wednesday, which is being paid for by raising the federal cigarette tax by $6.40 per carton. Additionally, it has been reported that cigarette manufactures may also raise prices to help recoup lost income due to the higher tax.

Cigarette Manufactures have started raising prices well before April 1st, and will continue in stages rather than all at once. On a positive note, this may help prevent a run on cigarettes leading to shortages, which could happen if the increase happens all at once on April 1st

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