Let's talk about this cigar tax, this cigarette tax. The president says he going to veto it. He "reiterated today his threat to veto Senate legislation that would substantially increase funds for childrenÂ’s health insurance by levying a 61-cent-a-pack increase in the federal excise tax on cigarettes."
This includes that whopping 20,000% increase on the tax on cigars. The tax on cigars right now is five cents. It will go to ten bucks on large cigars.
By the way, for those of you who are not cigar aficionados as am I, a large cigar is defined as anything that is not a cigar that will fit in a pack of 20, like cigarettes do. And those aren't cigars. They might be called cigarillos, but if they're made by a machine, you may as well give 'em to the homeless. So the point is, every cigar is a large cigar, ten bucks. The president is threatening to veto it... |