You're math isn't even wrong, it's based on false presumptions. The ten dollars is a cap, ie, the tax is 53% not to exceed ten dollars. So a five dollar cigar would jump to $7.65, not 15 bucks.

Seems blatantly regressive though, since 10 bucks for a guy who buys 100 dollar cigars is no big deal compared to the guy who's back of stogies was twenty bucks is now thirty.
Bobbo | 07.19.07 - 3:45 pm | #

my mistake...the dangers of blogging
Rob | Homepage | 07.19.07 - 4:17 pm | #

The word "regressive" causes chills within me.
Leonardo | 07.19.07 - 6:10 pm | #

I'm just saying the backers are being two-faced, probably hiding behind the whole "cigars are luxuries" argument, not agitating for progressive tax schemes.
Bobbo | 07.20.07 - 4:37 pm | #