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Old 02-10-2009, 05:02 PM   #10
macpappy
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Join Date: Oct 2008
Location: Slidell, LA
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Default Re: S-CHIP Required Reading

Quote:
Originally Posted by mithrilG60 View Post
My understanding that the tax is applied each time tobacco changes hands. With cigars that will be at least 4 times (as product arrives in the US, as the importer sells to the wholesaler, as the wholesaler sells to the retailer as the retailer sells to the consumer) so the actual tax will be $1.60 per stick and not $0.40. I could be wrong though as, being Canadian, SCHIP makes 0 difference to me one way or the other. Besides SCHIP is still a joke of a tax compared to what we're hit with up here so I'd still count yourselves lucky.
The explanation given to my local B&M owner is that it is only going to be applied to the wholesale price paid by the retailer.

You may have higher taxes but don't you have that wonderful socialized health care for everyone?(note the sarcasm, please)
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