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NYS trying to put local cigar shops out of business
#1
NYS trying to put local cigar shops out of business.

Starting today, October 1st, 2020....

Quote:New York State imposes an excise tax on tobacco products possessed in the state for sale at the following rates:

75% of the wholesale price on cigars and tobacco products

Like many, I buy most of my cigars online, due to the much higher cost of a b/m.  I understand they have to pay rent, electric, etc & make a living. 
So I do go to local b/m shops every now & then, to either look for something new to try or to go to an event (at least once a month or more).  In either case, when there, I buy cigars, usually at least a dozen or more.

A 75% excise tax will break the back of many of the local shops, especially during Covid times.
If Sonny had EZ-Pass, he'd have survived that hit...
Never apologize mister, it's a sign of weakness. - Capt. Nathan Cutting Brittles
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#2
The more you tax, the less sales your gonna have.
Simple logic, tax less, better sales, more income for the state & the local economy.

Stupid A Holes..
They call me The Mum - Jimmie the Mum
Viva Mumcero - Mahk 12/4/2010 - http://www.stogiechat.com/forum/thread-20737.html
Honorary Shield Brother
Weak people seek Revenge, Strong people Forgive, Intelligent people Ignore
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#3
(10-01-2020, 03:51 PM)Jimmie the Mum Wrote: The more you tax, the less sales your gonna have.
Simple logic, tax less, better sales, more income for the state & the local economy.

Stupid A Holes..

Big picture though, the agenda is go get you to stop smoking. This is like taking guns and ammo, the goal is to ban the ownership and use.
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#4
That is pretty damned steep.







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