Well, another day, another bill to raise cigar taxes in PA. I was visiting the B&M today and the owner stated a new bill (1476) will be introduced soon to raise cigar tax 59.2%. If you didn't know, right now we have no cigar sales tax. There is already a bill for an initial 3.6% cigar tax in progress.
Interesting to see how this turns out. This has been tried a few times before over the last several years but the bills were shot down by good politicians...that are now gone.
Now the big cigar vendors should have some pull (CI, Famous, Holt's, etc.) but this may get nasty. If it happens, all of the above vendors and some great B&M's will be a causality of tax. On a good note, I will take out a small loan and get ready for the pandemic. Maybe call it another 60 percent later...
Interesting to see how this turns out. This has been tried a few times before over the last several years but the bills were shot down by good politicians...that are now gone.
Now the big cigar vendors should have some pull (CI, Famous, Holt's, etc.) but this may get nasty. If it happens, all of the above vendors and some great B&M's will be a causality of tax. On a good note, I will take out a small loan and get ready for the pandemic. Maybe call it another 60 percent later...