[Headlines Only] [Top Stories Only]
Categories
· Business (Tobacco)
· Federal
· Tax
· Cigars
USA, by State
· Delaware

Tobacco users will see big tax hit soon  

Federal increases to hurt business, retailers worry
Jump to full article: Wilmington (DE) News Journal, 2009-03-07
Author: AARON NATHANS The News Journal

Intro:

Big new federal taxes on tobacco products have local store owners concerned about the impact on their businesses.

Starting April 1, large cigars will be taxed at 40 cents apiece, up from 5 cents. Federal cigarette taxes will increase from 39 cents per pack to $1.01. And the tax on roll-your-own tobacco will jump from $1.10 per pound to $24.78.

Jump to full article »