Greetings all,
Here they come again. This time to fund the Americans W/ Disabilites Act.
They will NEVER stop. Check out the proposed tax on PIPE TOBACCO - $49.55 a pound! OUCH!
Senator Tom Harkin (Democrat-Iowa) has introduced S. 1403 in the U.S. Senate, a bill to reauthorize and fund the Individuals with Disabilities Act.
A portion of the funding for the extension of the Individuals with Disabilities Act would come from increasing the federal excise tax on cigarettes, cigars, pipe tobacco, roll-your-own tobacco, snuff and chewing tobacco. The proposed tax increases are as follows:
Cigarettes
Current Tax Rate
$1.01 Per Pack
Proposed Tax Rate
$2.01 Per Pack
Little Cigars
Current Tax Rate
$1.01 Per Pack
Proposed Tax Rate
$2.01 Per Pack (weighing 4 ½ pounds per thousand)
Pipe Tobacco
Current Tax Rate
$2.8311 Per Pound
Proposed Tax Rate
$49.55 Per Pound
Roll-Your-Own Tobacco
Current Tax Rate
$24.78 Per Pound
Proposed Tax Rate
$49.55 Per Pound
Single Use Smokeless Units (Snus)
$.10 Per Single Use Unit
The bill would tax all other tobacco products at a level equivalent to the tax rate for cigarettes on an estimated per use basis as determined by the FDA. Also, each of these cigarette and tobacco tax rates would have an annual inflation adjustment. Currently, there is no similar bill in the U.S. House of Representatives.
Source: http://www.natocentral.org/
As always, stock up and stack it deep.
CACooper
Here they come again. This time to fund the Americans W/ Disabilites Act.
They will NEVER stop. Check out the proposed tax on PIPE TOBACCO - $49.55 a pound! OUCH!
Senator Tom Harkin (Democrat-Iowa) has introduced S. 1403 in the U.S. Senate, a bill to reauthorize and fund the Individuals with Disabilities Act.
A portion of the funding for the extension of the Individuals with Disabilities Act would come from increasing the federal excise tax on cigarettes, cigars, pipe tobacco, roll-your-own tobacco, snuff and chewing tobacco. The proposed tax increases are as follows:
Cigarettes
Current Tax Rate
$1.01 Per Pack
Proposed Tax Rate
$2.01 Per Pack
Little Cigars
Current Tax Rate
$1.01 Per Pack
Proposed Tax Rate
$2.01 Per Pack (weighing 4 ½ pounds per thousand)
Pipe Tobacco
Current Tax Rate
$2.8311 Per Pound
Proposed Tax Rate
$49.55 Per Pound
Roll-Your-Own Tobacco
Current Tax Rate
$24.78 Per Pound
Proposed Tax Rate
$49.55 Per Pound
Single Use Smokeless Units (Snus)
$.10 Per Single Use Unit
The bill would tax all other tobacco products at a level equivalent to the tax rate for cigarettes on an estimated per use basis as determined by the FDA. Also, each of these cigarette and tobacco tax rates would have an annual inflation adjustment. Currently, there is no similar bill in the U.S. House of Representatives.
Source: http://www.natocentral.org/
As always, stock up and stack it deep.
CACooper
