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Originally Posted by mahtofire14
Damn James. Is it worth driving over there to grab cigars? I'd much rather give my money to my local, but with taxes so much lower over there I've been thinking about it for a little while now.
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Got the low down as well about the new MN taxes. Its going from 70% to 95% in August. However its a good thing as there is now a $3.75 cent cap per cigar that retails for $12 or over meaning that pricing on higher end sticks such as the Ligas, Padron, Opus, God of Fire et al will actually come down due to the cap. Biggest impact will be to cig smokers and chewers.
I was told the goal was to separate cigs, flavored cigars & chew from premium hand rolled cigars which was accomplished this legislative session.
Now the goal is to show the state over the next two years that cigars need to broken out into their own tax bracket or to lower the cap by 25% to 50% as the upcoming new cap will actually bring in less tax revenue for the state vs their current methodology.
What a pain in the ass but that's the latest scoop directly from a MN State Senator that was at the Viaje event tonight.
J.