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2009 SCHIP Bill Introduced in Congress.

By Jesse | January 15, 2009 |

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.

While this isn’t as bad at the original tax hike, I still ask that you write your senators and congressmen about it.

Popularity: 34% [?]

Tags: SCHIP, SCHIP Cigar Tax, Tax, Tobacco Tax