Tuesday, July 17 2007
If you haven't had the chance to read
today's CigarAdvisor.com blog, this July 17 article by James Thorner in The St. Petersburg Times titled,
Cigarmakers in a panic is absolutely the must-read of the day!
CIGARMAKERS IN A PANIC
By James Thorner (sptimes.com)
Eric Newman punches the numbers on his calculator and gapes at the results one more time.
It's no mathematical error: The federal government has proposed raising taxes on premium cigars, the kind Newman's family has been rolling for decades in Ybor City, by as much as 20,000 percent.
As part of an increase in tobacco taxes designed to pay for children's health insurance, the nickel-per-cigar tax that has ruled the industry could rise to as much as $10 per cigar.
Continue reading: Cigarmakers in a panic