Senators Introduce Bill to Stop Tobacco Smuggling, Increase Federal Tobacco Tax

U.S. Senators Frank Lautenberg (D-NJ), Richard Durbin (D-IL), Tom Harkin (D-IA), and Richard Blumenthal (D-CT) have introduced the Tobacco Tax and Enforcement Reform Act, legislation that would reduce illegal tobacco trafficking, eliminate tax disparities between different tobacco products, and increase the federal excise tax rate on tobacco products. According to a press release, the bill…

Roughly 20% of Retailers Will Slash Hours Ahead of Health-Care Law

Other businesses plan to increase worker contributions to health care or halt employer-subsidies of dependents. WASHINGTON – Approximately 20% of retailers will reduce worker hours before the Affordable Care Act is fully implemented next year, according to a just-released survey by Mercer, Congressional Quarterly reports. Around 28% of employers will increase the amount of employee…