New Hampshire Cigar Tax Bill Dies in Committee
An attempt to tax cigars in the state of New Hampshire has once again failed.
Last week, the New Hampshire House Ways & Means Committee voted 16-3 against H.B. 438, which would have removed the current exemption on tobacco taxes for cigars. The committee has declared it “inexpedient to legislate,” meaning it will not pass the bill in its current session.
H.B. 438 would not just add tobacco taxes to cigars in New Hampshire, it would have been one of the highest cigar taxes in the nation at 65.03 percent of the wholesale price. That means a cigar that has an MSRP of $9.50, and retails for that price in New Hampshire, would have increased to $15.68 per halfwheel estimates.
New Hampshire is one of three states—the others being Florida and Pennsylvania—and the District of Columbia that does not have an added tax on cigars.
Charlie Minato
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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