The budget was approved and there is now a 55 cent tax per ounce on what appears to be bulk tobacco. I wonder how this affects P&C? They did not include a tax on cigars.
"It increases the tax on cigarettes from $1.60 to $2.60 per pack, imposes a 55-cents-per-ounce tax on roll-your-own tobacco and smokeless tobacco, and sets a 40 percent tax on the wholesale price of electronic cigarettes."
"It increases the tax on cigarettes from $1.60 to $2.60 per pack, imposes a 55-cents-per-ounce tax on roll-your-own tobacco and smokeless tobacco, and sets a 40 percent tax on the wholesale price of electronic cigarettes."