I find it comical to see on Gov. Andrew Cuomo’s Website how he encourages people to start up a new business in New York, yet he won’t help those who are in business already.
New York cigar retailers face a whopping 75 percent tax on the wholesale cost of cigars. As a retailer, I will pay $100 for a box of cigars from my vendor. Add the $75 tax and that brings the cost to $175. Add a 20 percent markup and the retail cost of that box of cigars is now $210.
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