Washington tobacco tax

Tobacco tax revenue projections off by as much as 20 percent

Cigarette tax increases in Washington drive sales in Oregon, making accurate predictions difficult

May 23, 2012 -- Smoking and tobacco use currently provides Oregon with approximately $260 million in tax revenue each year, not nearly enough to account for the $2.4 billion that tobacco products cost the state each year. Still, the tobacco tax is a revenue stream, one that is expected to provide the general fund with $132.3 million for the 2011-13 budget. While that is only slightly less than 1 percent of the general fund budget, it would be a lot of money to scramble for if that revenue source ran dry.

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