Monday, May 20, 2013
El Centurion Hitting Store Shelves
Thursday, May 16, 2013
La Gloria Launching First Nicaraguan Lines
Wednesday, May 15, 2013
North Carolina Bill Would Allow Outdoor Smoking
Tuesday, May 14, 2013
Altadis Releasing Next Generation Saint Luis Rey
Tuesday, May 7, 2013
Aurora Releasing Maduro 107
- More from News & Features
Michigan Governor Approves Cigar Tax Cap
Posted: October 10, 2012
Michigan Governor Richard Snyder has signed legislation that caps the state's excise tax on cigars at 50 cents.The new law was signed on Tuesday and goes into effect on November 1.
A spokesman for the governor said that the new 50-cent cap should help Michigan cigar shops compete with online cigar retailers that don't collect the tax.
In addition, the tax cap will also reduce the price cigar enthusiasts pay for most premium cigars in a retail shop.
Michigan is now the eighth state to adopt a tax cap of some sort on premium cigars, joining Oregon, Washington, Rhode Island, Wisconsin, Iowa, Connecticut and Vermont.
You must be logged in to post a comment.