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A tax signed into law by President Barack Obama nearly triples the tax on cigarettes

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Cigarette prices to go up Monday Cigarette smokers will find it more expensive to light up after an up to $8 per carton increase that goes into effect Monday morning

Washington University has come out against Amendment 3 , as has the American Lung Association, which argues that the amendment's schedule of gradual increases in tax over four years would also keep it from having a big influence on smoking rates

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Cheap is NOT: The lowest price The weakest brand Cheap IS: Sustainable long-term cost Acceptable experience Consistent availability Market Direction Where This Is Going Looking forward: Budget brands will continue rising in price Premium gap will shrink further Alternatives will grow Future Outlook Will Cheap Cigarettes Still Exist