New York Tobacconist Association
CLICK HERE TO TAKE ACTION
Why a 50 Cent Tax Cap on Premium Cigars in New York?
We need to "act regionally". Most surrounding states have no tax on cigars or have a much lower tax on cigars. Additionally, there is no tobacco tax collected on internet sales. This drives most cigar sales outside of NY. This is bad for NY and bad for small business in NY.
It helps small business. Most NY tobacconists are the very definition of "small business". Most have a handful of employees and many are family-owned. These small businesses are struggling to compete and survive while saddled with the current onerous tax burden.
With a tax cap, these businesses would not only survive but, would be able to expand/renovate, hire more employees, etc.
Every state that has enacted a tax cap has seen an actual increase in the amount of tax collected. A tax cap is good for revenue.