Quote:
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Originally Posted by Lil bastard
OK... to clarify - Large Cigars 20.719% of mfgr. price; cap of 4.875¢/cigar / 52.75% of mfgr.
price; cap of $40.26 /cigar
- Little Cigars 4¢ per pack / $1.0066 per pack
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so for the guy who just goes in to buy a nice cigar to smoke/enjoy - we CURRENTLY pay a MAX of 4.8 CENTS per cigar...but the new cap will be $40... and the tax rate will essentially more than double... so if a cigar costs $10, and the tax was about $2, now your $10 cigar is going to run you 12-13 bucks..
i see it this way - when I used to hit the cigar shop and figure I could get about 5 cigars for $50 - now i'm only gonna get 3-4.
can someone explain how my cigar smoking logically shoudl be taxed to benefit this program??? why not tax people who have kids...
