It’s been all over the news and on every blog with the exception of ours…till now. If you’ve been out enjoying the summer with some fine stogies, there’s a chance (slim) that you haven’t heard; Under nearly identical bills making their way through the U.S. House and Senate, the federal tax on the highest-priced premium cigars could jump as much as 20,000 percent.

The federal government currently taxes cigars at 4.5 cents each. Under the new bills, the tax rate will jump to 53 percent of the manufacturer’s price, up to a cap of $10 — a jump of 20,000 percent from 4.5 cents.

To put this in real terms, a box of 25 Perdomo ESVs at $11 a stick would take on a $5.83 tax, making them almost $17.  The box which would have cost you $287 will now cost $420.  That does not include state, county, and city taxes which could easily bring the total close to $500.

This is a cause worth fighting:

Contact your house representatives or state senators.

You have 3 options.  1) Take action. 2) Quit smoking. 3) Get a 2nd Job to pay the tax.

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