Tuesday, August 23, 2011

Another Huge Federal Tobacco Tax Increase in the Works


(P*p*s Magazine) ... It specifies a tax increase on cigarettes from $ 50.33 to $ 100.50.
It specifies a tax increase on Roll-Your-Own Tobacco from $ 24.78 to $49.55.
It specifies a tax increase on Pipe Tobacco from $ 2.8311 to $ 49.55. That is not a typographical error. The intent is to raise the Federal tax on pipe tobacco to the same as Roll-Your-Own Tobacco - after they double the tax on RYO.
It specifies similar tax increases for all other tobacco products. Continued

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