Senate Bill Would Spike Tax Rate on Cigars

David Savona
Posted: July 17, 2007

The Finance Committee of the U.S. Senate is considering a bill that could result in a sharp increase in the federal tax on cigars to as much as $10 per cigar. The bill, which is scheduled to be amended today, seeks to add $35 billion in funds to the State Children's Health Insurance Program, which helps uninsured children. The Senate plan seeks to fund that increase with taxes on tobacco products.

President Bush has said he would veto the legislation.

For much more on this story, see today's Cigar Insider.

You must be logged in to post a comment.

Log in if you're already registered.

Or register for Cigar Aficionado today—it's free.

Registration allows you to:
  • Keep track of your favorite cigars in your personal humidor.
  • Comment on all our stories.

Forgot your password?

Ratings & Reviews

Search our database of more than 17,000 cigar tasting notes by score, brand, country, size, price range, year, wrapper and more, plus add your favorites to your Personal Humidor.