Tuesday, August 4, 2015
Dates Set for Nicaragua’s Fifth Cigar Festival
Thursday, July 30, 2015
Limited-Edition San Cristobal Coming this Fall
Tuesday, July 28, 2015
Bolivar And Ramon Allones Folded Into Foundry Portfolio
Monday, July 27, 2015
New Norteño Edicion Limitada From Drew Estate
Thursday, July 23, 2015
La Flor Dominicana Debuts New Cigars, Extensions
- More from News & Features
New Hampshire Cigar Tax Hike
Posted: February 28, 2008
The "Live Free or Die State" could be killing its local cigar shops if the government passes a new proposal to tax cigars.
The New Hampshire House of Representatives is considering a bill that would introduce a 60 percent tax on the wholesale price of a retailer's entire cigar inventory, as well as a 60 percent tax on the wholesale price of individual sticks purchased. At that rate, a cigar sold for $2 at wholesale would have a tax of $1.20 added.
Last July, New Hampshire became the last state in New England to enact a comprehensive indoor smoking ban eliminating lighting up in virtually all public spaces, including restaurants and bars. If the proposed tax bill passes, it would mandate a July 1, 2008 activation date.
For more on this story, see the upcoming issue of Cigar Insider.
You must be logged in to post a comment.