Cigar Tax Capped in Rhode Island

Thursday, July 06, 2006By Michael Moretti
Cigar smokers are getting a break in Rhode Island thanks to a reduced tax in this year's state budget.On July 1, the state tax on cigars dropped from 40 percent of the wholesale price to 50 cents per cigar as a new budget went into effect. The change can be considerable: a box of 20 cigars with a wholesale price of $100 would have had a tobacco tax of $40 under the old law; now the tax would be only $10.

...i thought prices would never come down :o)

Cigar Aficionado | Web Features | Cigar Tax Capped in Rhode Island

technorati tags:cigar, tax, capped, rhode, island, cigar, smokers, tobbacco, tax