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MASSIVE CIGAR TAX HIKE PROPOSED IN NEW MEXICO

By Harrison Clark | January 12, 2022

New Mexico: A new bill introduced in the New Mexico House of Representatives would dramatically increase the cost of cigars by more than tripling the tax on large cigars. H.B. 33 would change the tax on large cigars from its current calculation, 25 percent of the wholesale price with a cap of 50 cents per cigar, to 77 percent of the wholesale price with no cap.

Posted in Cigar News and tagged State Legislation

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    Cigar Rights of America (CRA) is the first and only grassroots, consumer-based public advocacy group fighting to protect the individual’s right to enjoy premium cigars. As the anti-tobacco movement’s reach has broadened over the past 20 years, CRA has continued to advocate for all facets of the premium cigar community. Membership is open to everyone, including cigar enthusiasts, retailers, and manufacturers across the country. CRA was founded to ensure that everyone has the right to enjoy premium cigars and freely participate in a relaxing social activity.

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