CA Tobacco Tax Remains Constant

Now that California voters have struck down Proposition 29 — a measure that would have seen a significant rise in tobacco taxes — the price of cigars in the state will remain the same.

The measure would have raised the tax rate from a nearly 32 percent wholesale cost to nearly 55 percent. Still, defeat of the move was a close call, with more than 49 percent of voters in favor of the higher taxes.

Thank goodness for the (albeit small) majority of voters who saw this bill for what it was: just one more attack on smokers. I hope this will be enough to discourage the misguided lawmakers of California from trying to further regulate tobacco.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s