The state of Maine has seen House Bill LD 1028 introduced that seeks to raise the tobacco tax on cigars 305%. In the state of Maine cigars are currently taxed at a rate of 20% of the wholesale price, the new proposal would change that to 81%. Under the new bill a cigar with an MSRP of $10.00 which currently retails in Maine at $12.00 would climb to an insane $18.10. The bill is sponsored […]
Tax
Today, the Ketchikan Gateway Borough Assembly will hold a hearing on a proposed tobacco tax and cast their first vote before the meeting comes to a close. The tobacco tax proposal is a whopping $3.00 per pack on cigarettes, but more importantly there is a 75% wholesale tax on other tobacco products. The proposed tobacco tax was passed by a 4-3 vote on whether or not to draft the proposal. If the official proposal is […]
Philadelphia, the city of brotherly love has no love for cigar smokers. Despite the state operating with no tobacco tax, the city recently passed a new tax on cigarettes to be used toward schools. This time around the city is gunning for cigars and other tobacco related products. According to a report on NATO (National Association of Tobacco Outlets) the city is looking to tax cigars at the rate of 36 cents per stick. While […]