NH tobacco tax revenue jumps 143 percent in July, bringing in $46.7 million

CONCORD – Seizing on a tax break, cigarette-selling retailers bought up tax stamps in near-record numbers last month that created a glut in state revenues. After two years of sub-par performance, the tobacco tax last month took in $46.7 million, a 143 percent jump over the same period last year. Administrative Services Commissioner Linda Hodgdon said virtually all of the bonus tobacco tax …

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