Friday, October 17, 2014
Limited Alec Bradley Fine & Rare Ships
Thursday, October 16, 2014
Ashton Symmetry Cigars In Warehouse, Shipping Next Week
Monday, October 13, 2014
Padrón Looks Back at 50
Thursday, October 9, 2014
New Rocky Patel Cigars Ship Next Week
Wednesday, October 8, 2014
"Sons of Anarchy" Cigars Commemorate Show's Final Season
- 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.