November 8, 2016 Charlie Minato Regulations,  Taxes

North Dakota Rejects Tobacco Tax Increase

At around 10 p.m. local time, it became known that voters in North Dakota rejected a proposed tobacco tax increase that could have doubled the tax on cigars.

Known as North Dakota Measure 4, the ballot initiative would have increased the tax on cigarettes from 44 cents per pack to $2.20, as well as double the tax on all other tobacco products from 28 to 56 percent.

This could have meant a cigar with a suggested retail price (MSRP) of $10.50 would have cost $14.82 before any sales tax in the state. The 28 percent wholesale price means a $10.50 MSRP cigar likely costs around $12.16 before any sales tax.

The ballot measure was sponsored by Raise It For Health ND after a pair of tobacco tax bills failed to pass the legislature.

North Dakota North Dakota Measure 4 Raise It For Health ND
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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 have written about the cigar industry for more than a decade, covering everything from product launches to regulation to M&A. In addition, I handle a lot of the behind-the-scenes stuff here at halfwheel. I enjoy playing tennis, watching boxing, falling asleep to the Le Mans 24, wearing sweatshirts year-round and eating gyros. echte liebe.

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