I know that back on April 1st, the Cigarette and Tobacco taxes were substantially increased.
Since then I’ve heard around that there is pending legislation that there will be another tax increase during the Fall/Winter months of 2009, but can’t find any evidence of that.
Anybody know?
There no more pending Federal tobacco tax increases at present. Those take an act of Congress and Congress is busy with other issues right now.
State taxes could increase at any time and that is were most high tobacco taxes exist. (The tax on a pack of cigarettes in NYC is nearly $6.00 when all taxes are added in.)