Once again, an effort in Wyoming to increase the taxes charged on cigars and other tobacco products has failed.
H.B. 0205 would have increased the percentage of taxes charged on cigars and other tobacco products from 20 percent to 56 percent. A cigar that has an MSRP of $9.50 likely retails for around $11.40 in the state. If the change has passed, that same cigar would have likely increased in price to $14.82 before sales tax was added.
Fortunately for cigar smokers, H.B. 0205 failed to pass the Wyoming House of Representatives by a vote of 28-32.