Alaska Bill Would Increase Tobacco Tax

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A new bill in Alaska would increase the tax on cigars to 100 percent of the wholesale price.

At the request of Gov. Bill Walker, HB304 has been introduced. It would raise the taxes on cigarettes, electronic cigarettes and other tax products.

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The current tax on cigars in Alaska is 75 percent of the wholesale price. This means a cigar with a suggested retail price of $9.50 likely retails for around $16.63 in Alaska. If passed, the law would mean that Alaska would have the highest tax on cigars of any state in the U.S. Currently Utah and its 86 percent wholesale tax lead the nation in high effective rates.

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Charlie Minato
About the author

I am an editor and co-founder of halfwheel.com/Rueda Media, LLC. I previously co-founded and published TheCigarFeed, one of the two predecessors of halfwheel. I handle the editing of our written content, the majority of the technical aspects of the site and work with the rest of our staff on content management, business development and more. I’ve lived in most corners of the country and now entering my second stint in Dallas, Texas. I enjoy boxing, headphones, the Le Mans 24-hour, wearing sweatshirts year-round and gyros. echte liebe.

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