New Bill Would More Than Triple Federal Taxes for Cigars

The bill includes Sen. Dick Durbin's Tobacco Tax Equity Language that would dramatically increase the federal taxes paid on cigars. The weight-based tax would more than triple the federal taxes paid for a robustos and could amount to a nearly 500 percent increase on the federal taxes for a 6 x 60. The post New Bill Would More Than Triple Federal Taxes for Cigars appeared first on halfwheel.