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Cigar Tax: 20,000% Increase

They want to take it from 5 cents to $10 dollars. No word yet on what Hillary’s position is on the cigar tax, but I’m betting she’s for it. This will be sure to create a burgeoning black market in tobacco products, which will, of course, become violent. The federal government won’t outright outlaw tobacco, but they will tax it out of existence.

I’m really glad to see those Democrats protecting people’s civil liberties against the evil Republicans, let me tell you.

UPDATE: Sigivald points out:

Closer reading suggests they want to raise it from 5 cents to 54 percent, with a cap of $10.

Not $10 per cigar, flat.

Not good, by any means, but not the same as a $10 tax on a $8 cigar.

One of the problems with blogging is not always having the time to read everything very carefully.   Corrections and clarifications are always appreciated.

Of course, I still think it’s a crappy tax increase.

5 Responses to “Cigar Tax: 20,000% Increase”

  1. Alcibiades says:

    It literally is “for the children”……

  2. Sigivald says:

    Closer reading suggests they want to raise it from 5 cents to 54 percent, with a cap of $10.

    Not $10 per cigar, flat.

    Not good, by any means, but not the same as a $10 tax on a $8 cigar.

  3. emdfl says:

    so my $20.00 cigar would now cost $30.80? And a box of those would have >$100.00 in taxes?

  4. Sebastian says:

    Sounds that way. Maybe we can get Bill Clinton to help us lobby against this.

  5. Dano says:

    Cigarettes, which accounted for more than 95 percent of tobacco tax collections last year, are the main focus of the bill. Federal taxes on a pack would jump from 39 cents to $1.

    Great, so smokes will now cost more than $5 a pack.

    Why not have a special tax on bottled water? This way they’ll share some of the burden for their stupid pet projects.

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