New Washington Bill Would Create Highest Cigar Tax in the Nation

[El Presidente]

 Under S.B. 6129, that same cigar would likely have a taxable sales price of $4.75, which would get taxed at 90 percent, increasing the excise tax paid from 65 cents under the status quo to $4.28. That same cigar would go from a shelf price of $10.15 to $13.78 before sales tax. The more expensive the cigar, the more effect the change would have. For example, a cigar with a $24 MSRP is likely sold for around $24.65 before sales tax, but that would jump to $34.80 if the bill passes.

 

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