Friday, October 24, 2014
Birthday Bourbon Makes Do With Perfection
Thursday, October 23, 2014
CLE to Distribute Patoro Serie P U.S.A. Edition
Tuesday, October 21, 2014
Davidoff Year of the Sheep Coming to Las Vegas
Monday, October 20, 2014
Swisher International Acquiring Drew Estate
Friday, October 17, 2014
Limited Alec Bradley Fine & Rare Ships
- More from News & Features
Maryland Cigar Tax Hike Discussed
Posted: March 4, 2008
A bill to raise Maryland's cigar tax another 10 percent is being considered by the state Senate and House of Representatives.
The bill aims to increase Maryland's Other Tobacco Products tax, which includes cigars as well as other non-cigarette tobacco, from 15 percent of the wholesale price to 25 percent, which would add an estimated $16.5 million to the 2009 budget for the state's Cigarette Restitution Fund. The fund is set up to pay for programs promoting smoking cessation and prevention. A similar bill has been proposed in New Hampshire.
Maryland instituted the 15 percent tax on cigars in May 1999, becoming the 44th state to adopt a tax addressing cigars specifically. In February of this year, the state implemented a comprehensive statewide indoor smoking ban, which includes restaurants and bars.
The tax increase would take effect on July 1, 2008.
You must be logged in to post a comment.