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<br />State Property <br /> <br /> Appendix A <br />Revenue Generated from Assumed <br /> Tax Increases <br /> ($millions) <br /> Annual 5-Year <br />Increase Yield Total <br /> 1% $2602 $13002 <br />4 mill (max. ) 60 300 <br /> 10% 2.6 13 <br /> 1~ 3.8 19 <br /> <br />Tax <br /> <br />Sales <br /> <br />Liquor <br /> <br />Ciqarette <br /> <br />Increase over present tax rate. <br /> <br />2 <br /> <br />The yield of this tax is quite sensitive to economic <br />conditions. These estimates may be somewhat high given <br />current economic difficulties. <br /> <br />Source: Office of State Planning and Budgeting <br /> <br />-10- <br />