2009 SCHIP Bill Introduced in Congress.
Well the SCHIP is back again. Looks we’ll be seeing a tax increase, but it isn’t nearly as bad as the original.
52.4 percent on large cigars (most premium cigars follow under this federal classification) with a cap of no more than 40 (forty) cents per cigar. This is far lower than the original proposal from the Senate of $10 per cigar and $3 proposed by the House.
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