Tuesday, April 15, 2014
CAO Flathead Adds New Size
Monday, April 14, 2014
Room 101 Announces Daruma Gold
Wednesday, April 9, 2014
Room 101 Store Opens Inside Davidoff Flagship
Tuesday, April 8, 2014
Non-Cubans Go Global
Monday, April 7, 2014
Upmann Depositing Banker in Humidors This Month
- 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.