Word: hike
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Dates: during 2000-2009
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...April 1 spiked from 39¢ to $1.01 per pack, as a move that will bolster the federal budget while saving an estimated 900,000 lives. Supporters say the measure will stop 2 million kids from lighting up and spur about 1 million adults to quit, but the sharp hike has some smokers fuming. Cigarette taxes, detractors argue, are a way for governments to line their coffers by legislating personal choice--and a prime example of a regressive "sin tax," the term often used for fees tacked on to popular vices like drinking, gambling and smoking...
Local smokers expressed mixed opinions about the federal tobacco tax increase that took effect yesterday. The tax, which increased the levy from $.39 per pack to $1.01 per pack, was approved earlier this year. For Massachusetts residents, this hike comes on top of the hefty $2.51 per pack state tax on cigarettes. Paul J. MacDonald, owner of Harvard Square tobacco shop Leavitt & Peirce, said that he was unhappy with the substantial tax increase. “We treat everybody like rockstars here [at Leavitt & Peirce.] And obviously the government feels the same way--they think that they have money like...
...Kanel adds that although the tourist board does not "actively promote" this particular pastime, "in this kind of spectacular environment, one can hardly resist the temptation to hike naked...
...what's with the price hike? An Amazon spokesman says that Kindle store "prices change from time to time" and most books are still $9.99 or less, including New York Times best sellers and "most new releases." Why was the Kindle Kindly Ones $16.19? Because Amazon decided to price it that way. That worries me because as bookstores die out, Amazon is strengthening its lock on the publishing business...
...Many investors holding gold reserves have faced losses in their other assets, which would have led them to sell their gold. Ordinary people, too, have motive to sell their gold jewelry during a recession, which should increase the supply of gold on the open market and impede a price hike...