IPCPR Says Proposed Maryland Tobacco Tax Increase is Anti-Business
A proposed 500 percent excise tax increase on ‘other tobacco products’ could decimate Maryland’s cigar and pipe tobacco businesses, according to the
“When will legislators realize that tax increases like this never produce the revenues predicted and always result in negative consequences like lost jobs and businesses?” asked
According to the
In addition, the Children’s Health Insurance Program Reauthorization Act of 2009 is funded solely by excise taxes on tobacco products. CHIP raised federal taxes on cigarettes to more than
“Now the Maryland legislature is considering raising excise taxes yet again on other tobacco products from the current 15 percent of the wholesale price to 90 percent,” McCalla said.
McCalla believes the only result that would be sure to take place from such an action is the further destruction of Maryland small businesses, which includes the loss of jobs and state, federal and local tax revenues.
“Premium cigars are highly sensitive to price increases because they are more a choice than a habit. They are adult products that make ordinary moments special and special moments extraordinary, like a fine wine,” he said.
McCalla urged Maryland smokers and nonsmokers alike to tell their state senators and delegates to vote no on tax increases such as these.
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Read the full story at http://www.prweb.com/releases/2011/3/prweb8174364.htm



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