So glad to be vaping. Tobacco tax increase again!

Status
Not open for further replies.

Monoxide

New Member
Aug 8, 2009
2
0
WI
From my Philip Morris emailing. Brings the price to $6.80 a pack.
So much nicer to spend $9.00 on a bottle of juice and be set for well over a week,:)
The Wisconsin state excise taxes on all tobacco products increase on September 1, 2009. The increases are as follows:
  • On cigarettes, the state excise tax increases by another $0.75! That’s on top of the $0.62 federal excise tax increase in February and $1.00 state excise tax increase back in January 2008. In all, $2.37 in new cigarette excise taxes!
  • State and federal cigarette excises taxes have more than tripled in a little over two years!
After this increase, federal and state cigarette excise taxes alone, on average, will account for $3.53—or about 49%—of the retail price of cigarettes in Wisconsin.
  • The smokeless tobacco excise tax increases from $1.31 per ounce to 100% of the manufacturer’s price—because of a new tax system that unfairly targets adult premium smokeless tobacco consumers;
  • The new tax method will result in adult premium smokeless tobacco consumers paying as much as $1.41 per can more in excise taxes when compared to other smokeless tobacco discount brands!
  • The tax on cigars and other tobacco products increases 21%; That’s on top of the 155% increase on large cigars at the federal level. (The state excise tax is capped at $0.50 per cigar).
Aside from the unfair burden that these tax increases place on adult tobacco consumers, these tobacco tax increases will:
  • Unfairly target adult premium smokeless tobacco consumers,
  • Promote purchases through untaxed or lower-tax venues,
  • Create incentives for contraband activity,
  • Harm businesses, including retailers and wholesalers, and
  • Do little to solve government’s systemic fiscal problems.
 
Status
Not open for further replies.

Users who are viewing this thread