Quote:
Originally Posted by RGD.
The sign on the counter of a local B&M states that the effective tax on cigars now stands at 158%.
Ron
|
I wonder where they got that figure from?
My B&M owner hasn't touched his prices, but he figures his markup on the price he pays... If the price goes up when he restocks, He'll raise the price on the new sticks. I think that is fair, personally.
It could be worse, I guess... the folks that roll their own cigarettes were paying around $6.00 a pound + sales tax - now the same bag of baccy is going for around $30-$40 a pound!