Wyoming Tobacco Tax Increase Bill Fails

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Last week, a bill was introduced in Wyoming that would have tripled the cigar tax; this week, the bill failed.

H.B. 218 would have increased the tax on cigarettes by $1 per pack. It also would have increased the tax on cigars from the current 20 percent of the wholesale price to 53 1/3 percent of the wholesale price. Per halfwheel estimates, that would have increased the price a cigar with an MSRP of $9.50 from the current $11.40 to $14.57.

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The bill failed 4-5 in the House of Representatives Revenue Committee.

Proponents of the bill were hoping to raise $22.7 million in additional revenue.

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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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