Gov. John Kasich’s budget calls for a 23 percent income tax cut. He’s proposing to pay for it with a package of tax increases, including hiking the tax on tobacco products. But at least one segment of that industry says hundreds of businesses could be snuffed out by the plan.
The budget includes $1 per pack increase in the tax on cigarettes, and would raise taxes on other tobacco products as well, says budget director Tim Keen.
“The proposal is generally to equalize the tax treatment of cigarette, tobacco and related products,” he said.