Cigarette Taxes http://wuky.org en Cigarette Tax Eyed As A Way To Rescue Pension System http://wuky.org/post/cigarette-tax-eyed-way-rescue-pension-system <p class="ap-story-p"><span class="entry-content">FRANKFORT, Ky. -- A leading lawmaker says raising the cigarette tax to $1 a pack would generate about $100 million a year that could be used to shore up the pension system for government retirees.</span></p><p></p><p class="ap-story-p"><span class="entry-content">House Speaker Greg Stumbo told reporters Tuesday that that's one of several options House lawmakers are considering to bolster the pension system, which has a $33 billion unfunded liability.</span></p> Wed, 13 Feb 2013 00:24:25 +0000 Associated Press 27254 at http://wuky.org Cigarette Tax Eyed As A Way To Rescue Pension System