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News: Cigar Smokers Win in California, Prop 29 is Defeated

California voters narrowly rejected Proposition 29, which would have raised taxes on various tobacco products, including cigars. The measure would have raised California’s state OTP tax from just over 33% to just under 55%, a nearly 75% increase. Fortunately for California, the measure was rejected last night by a margin of over 60,000 votes, meaning [...]