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Author Topic: 2/19/2016  (Read 25081 times)

LuvTooGolf

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Re: 2/19/2016
« Reply #30 on: February 19, 2016, 08:47:41 AM »

Finished Ireland conf. call, now on to performance review.  Happy Happy Joy Joy!
Just be glad you're not up against Dean.  Except for that 3 am fail, he has all the "exceeds expectations" boxes checked.
LALTS
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ss2

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Re: 2/19/2016
« Reply #31 on: February 19, 2016, 08:59:22 AM »

As part of the President’s Budget for Fiscal Year 2017, a new program called Preschool for All has been proposed with funding coming from an increase in both the federal tax on cigarettes and a tax increase on other tobacco products, including cigars.

Currently the federal tax on cigarettes is $1.01 per pack, the proposed budget would see that increase to $1.95. In addition, other tobacco products, including cigars, would see their respective federal taxes increase to match how cigarettes are taxed.

For cigars, this would mean the tax rate would increase to 93.72 cents per cigar. Currently, cigars are taxed at 52.75 percent of the wholesale cost capped at 40.26 cents per cigar. This would increase to 102.2 percent of the wholesale price, capped at 93.72 cents per cigar according to information provided to halfwheel by the International Premium Cigar & Pipe Retailers Association (IPCPR).

There were 310 million large cigars imported to the U.S. in 2014, meaning it would generate $116.8 million in taxes annually. In addition, beginning in 2018 the taxes would increase 1.6 cents per year to adjust for inflation.

“The President’s proposal clearly demonstrates the disconnect between the White House and small business retailers throughout the country,” said Kip Talley, sr. director of federal affairs for IPCPR, to halfwheel. “Premium cigars are not marketed to or desired by America’s youth and should not be targeted for increased taxation. IPCPR is confident this misguided attempt at raising revenue will not be adopted by the U.S. Congress.
"...IPCPR is confident this misguided attempt at raising revenue will not be adopted by the U.S. Congress."  And THAT is the most naive thing I've seen an "expert" say in a long time as there is no way to plumb the depth of just how bad congress can totally worsen a misguided attempt into a total disaster...
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South Carolina Redfish

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Re: 2/19/2016
« Reply #32 on: February 19, 2016, 09:05:34 AM »

As part of the President’s Budget for Fiscal Year 2017, a new program called Preschool for All has been proposed with funding coming from an increase in both the federal tax on cigarettes and a tax increase on other tobacco products, including cigars.

Currently the federal tax on cigarettes is $1.01 per pack, the proposed budget would see that increase to $1.95. In addition, other tobacco products, including cigars, would see their respective federal taxes increase to match how cigarettes are taxed.

For cigars, this would mean the tax rate would increase to 93.72 cents per cigar. Currently, cigars are taxed at 52.75 percent of the wholesale cost capped at 40.26 cents per cigar. This would increase to 102.2 percent of the wholesale price, capped at 93.72 cents per cigar according to information provided to halfwheel by the International Premium Cigar & Pipe Retailers Association (IPCPR).

There were 310 million large cigars imported to the U.S. in 2014, meaning it would generate $116.8 million in taxes annually. In addition, beginning in 2018 the taxes would increase 1.6 cents per year to adjust for inflation.

“The President’s proposal clearly demonstrates the disconnect between the White House and small business retailers throughout the country,” said Kip Talley, sr. director of federal affairs for IPCPR, to halfwheel. “Premium cigars are not marketed to or desired by America’s youth and should not be targeted for increased taxation. IPCPR is confident this misguided attempt at raising revenue will not be adopted by the U.S. Congress.
"...IPCPR is confident this misguided attempt at raising revenue will not be adopted by the U.S. Congress."  And THAT is the most naive thing I've seen an "expert" say in a long time as there is no way to plumb the depth of just how bad congress can totally worsen a misguided attempt into a total disaster...
+1 SS, who in their right mind could possibly perceive any level of confidence from this corrupt congress?
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South Carolina Redfish

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Re: 2/19/2016
« Reply #33 on: February 19, 2016, 09:09:31 AM »

@ Short stack - any chance you might be near the inlet the week of May 9th?
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Threebean

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Re: 2/19/2016
« Reply #34 on: February 19, 2016, 09:11:31 AM »

As part of the President’s Budget for Fiscal Year 2017, a new program called Preschool for All has been proposed with funding coming from an increase in both the federal tax on cigarettes and a tax increase on other tobacco products, including cigars.

Currently the federal tax on cigarettes is $1.01 per pack, the proposed budget would see that increase to $1.95. In addition, other tobacco products, including cigars, would see their respective federal taxes increase to match how cigarettes are taxed.

For cigars, this would mean the tax rate would increase to 93.72 cents per cigar. Currently, cigars are taxed at 52.75 percent of the wholesale cost capped at 40.26 cents per cigar. This would increase to 102.2 percent of the wholesale price, capped at 93.72 cents per cigar according to information provided to halfwheel by the International Premium Cigar & Pipe Retailers Association (IPCPR).

There were 310 million large cigars imported to the U.S. in 2014, meaning it would generate $116.8 million in taxes annually. In addition, beginning in 2018 the taxes would increase 1.6 cents per year to adjust for inflation.

“The President’s proposal clearly demonstrates the disconnect between the White House and small business retailers throughout the country,” said Kip Talley, sr. director of federal affairs for IPCPR, to halfwheel. “Premium cigars are not marketed to or desired by America’s youth and should not be targeted for increased taxation. IPCPR is confident this misguided attempt at raising revenue will not be adopted by the U.S. Congress.
"...IPCPR is confident this misguided attempt at raising revenue will not be adopted by the U.S. Congress."  And THAT is the most naive thing I've seen an "expert" say in a long time as there is no way to plumb the depth of just how bad congress can totally worsen a misguided attempt into a total disaster...
+1 SS, who in their right mind could possibly perceive any level of confidence from this corrupt, incompetent, bloated, and dysfunctional congress federal government?
fixed it for you
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South Carolina Redfish

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Re: 2/19/2016
« Reply #35 on: February 19, 2016, 09:16:41 AM »

As part of the President’s Budget for Fiscal Year 2017, a new program called Preschool for All has been proposed with funding coming from an increase in both the federal tax on cigarettes and a tax increase on other tobacco products, including cigars.

Currently the federal tax on cigarettes is $1.01 per pack, the proposed budget would see that increase to $1.95. In addition, other tobacco products, including cigars, would see their respective federal taxes increase to match how cigarettes are taxed.

For cigars, this would mean the tax rate would increase to 93.72 cents per cigar. Currently, cigars are taxed at 52.75 percent of the wholesale cost capped at 40.26 cents per cigar. This would increase to 102.2 percent of the wholesale price, capped at 93.72 cents per cigar according to information provided to halfwheel by the International Premium Cigar & Pipe Retailers Association (IPCPR).

There were 310 million large cigars imported to the U.S. in 2014, meaning it would generate $116.8 million in taxes annually. In addition, beginning in 2018 the taxes would increase 1.6 cents per year to adjust for inflation.

“The President’s proposal clearly demonstrates the disconnect between the White House and small business retailers throughout the country,” said Kip Talley, sr. director of federal affairs for IPCPR, to halfwheel. “Premium cigars are not marketed to or desired by America’s youth and should not be targeted for increased taxation. IPCPR is confident this misguided attempt at raising revenue will not be adopted by the U.S. Congress.
"...IPCPR is confident this misguided attempt at raising revenue will not be adopted by the U.S. Congress."  And THAT is the most naive thing I've seen an "expert" say in a long time as there is no way to plumb the depth of just how bad congress can totally worsen a misguided attempt into a total disaster...
+1 SS, who in their right mind could possibly perceive any level of confidence from this corrupt, incompetent, bloated, and dysfunctional congress federal government?
fixed it for you
Correct but "any governments" would be even more correct.
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Travellin Dave

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Re: 2/19/2016
« Reply #36 on: February 19, 2016, 09:25:39 AM »

Another New Jersey Cigar Tax Increase Proposed
Last month, two bills were introduced in the New Jersey legislature that would have raised the tax on cigars from 30 percent of the wholesale price to 90 percent. Now, there’s another set of proposals, this time increasing it form 30 percent of the wholesale price to $2.70 per cigar. The two bills—A1832 and S1867—would increase the tax on other tobacco products from 30 to 68 percent, although most of the products would have more specific rates. For cigars, that would be $2.70 per cigar. A cigar with a suggested retail price of $9.50 likely retails for around $12.35 due to the tax in New Jersey. If the new tax were passed, this would increase the price to $14.90. But where the cigar is particularly crippling is to any cigar that retails for less than $5. A cigar with a suggested retail price of $4.50 likely retails in New Jersey for around $5.85, but with the new tax this could be as high as $9.90. taxes on snuff would increase from 75 cents to $2.25 per ounce, taxes on cigarillos would be 54 cents per cigarillo, while little cigars would be taxed at 13.5 cents per cigar
That's why it's good to live on the border with PA.
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South Carolina Redfish

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Re: 2/19/2016
« Reply #37 on: February 19, 2016, 09:29:09 AM »

Another New Jersey Cigar Tax Increase Proposed
Last month, two bills were introduced in the New Jersey legislature that would have raised the tax on cigars from 30 percent of the wholesale price to 90 percent. Now, there’s another set of proposals, this time increasing it form 30 percent of the wholesale price to $2.70 per cigar. The two bills—A1832 and S1867—would increase the tax on other tobacco products from 30 to 68 percent, although most of the products would have more specific rates. For cigars, that would be $2.70 per cigar. A cigar with a suggested retail price of $9.50 likely retails for around $12.35 due to the tax in New Jersey. If the new tax were passed, this would increase the price to $14.90. But where the cigar is particularly crippling is to any cigar that retails for less than $5. A cigar with a suggested retail price of $4.50 likely retails in New Jersey for around $5.85, but with the new tax this could be as high as $9.90. taxes on snuff would increase from 75 cents to $2.25 per ounce, taxes on cigarillos would be 54 cents per cigarillo, while little cigars would be taxed at 13.5 cents per cigar
That's why it's good to live on the border with PA.
Yeah, then only O'bummer gets you.
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Travellin Dave

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Re: 2/19/2016
« Reply #38 on: February 19, 2016, 09:29:49 AM »

As part of the President’s Budget for Fiscal Year 2017, a new program called Preschool for All has been proposed with funding coming from an increase in both the federal tax on cigarettes and a tax increase on other tobacco products, including cigars.

Currently the federal tax on cigarettes is $1.01 per pack, the proposed budget would see that increase to $1.95. In addition, other tobacco products, including cigars, would see their respective federal taxes increase to match how cigarettes are taxed.

For cigars, this would mean the tax rate would increase to 93.72 cents per cigar. Currently, cigars are taxed at 52.75 percent of the wholesale cost capped at 40.26 cents per cigar. This would increase to 102.2 percent of the wholesale price, capped at 93.72 cents per cigar according to information provided to halfwheel by the International Premium Cigar & Pipe Retailers Association (IPCPR).

There were 310 million large cigars imported to the U.S. in 2014, meaning it would generate $116.8 million in taxes annually. In addition, beginning in 2018 the taxes would increase 1.6 cents per year to adjust for inflation.

“The President’s proposal clearly demonstrates the disconnect between the White House and small business retailers throughout the country,” said Kip Talley, sr. director of federal affairs for IPCPR, to halfwheel. “Premium cigars are not marketed to or desired by America’s youth and should not be targeted for increased taxation. IPCPR is confident this misguided attempt at raising revenue will not be adopted by the U.S. Congress.
Which is also why they won't let the FDA muck around with the industry.  They need the tax income, they've already spent the money from their sin taxes, they really can't afford for people to quit.
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South Carolina Redfish

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Re: 2/19/2016
« Reply #39 on: February 19, 2016, 09:33:16 AM »

I would say that IF both the NJ tax and the O' Tax wee implemented a nice cigar that we order now for $6.50 in 5-paks delivered will run you around $18 in a New York or New Jersey B&M.
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Travellin Dave

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Re: 2/19/2016
« Reply #40 on: February 19, 2016, 09:33:28 AM »

Didn't check prices yet, but a nice selection of Illusione, Tatuaje and Surrogates on The Page.  Even a knife or two for NotGolfinDave.
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South Carolina Redfish

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Re: 2/19/2016
« Reply #41 on: February 19, 2016, 09:34:33 AM »

As part of the President’s Budget for Fiscal Year 2017, a new program called Preschool for All has been proposed with funding coming from an increase in both the federal tax on cigarettes and a tax increase on other tobacco products, including cigars.

Currently the federal tax on cigarettes is $1.01 per pack, the proposed budget would see that increase to $1.95. In addition, other tobacco products, including cigars, would see their respective federal taxes increase to match how cigarettes are taxed.

For cigars, this would mean the tax rate would increase to 93.72 cents per cigar. Currently, cigars are taxed at 52.75 percent of the wholesale cost capped at 40.26 cents per cigar. This would increase to 102.2 percent of the wholesale price, capped at 93.72 cents per cigar according to information provided to halfwheel by the International Premium Cigar & Pipe Retailers Association (IPCPR).

There were 310 million large cigars imported to the U.S. in 2014, meaning it would generate $116.8 million in taxes annually. In addition, beginning in 2018 the taxes would increase 1.6 cents per year to adjust for inflation.

“The President’s proposal clearly demonstrates the disconnect between the White House and small business retailers throughout the country,” said Kip Talley, sr. director of federal affairs for IPCPR, to halfwheel. “Premium cigars are not marketed to or desired by America’s youth and should not be targeted for increased taxation. IPCPR is confident this misguided attempt at raising revenue will not be adopted by the U.S. Congress.
Which is also why they won't let the FDA muck around with the industry.  They need the tax income, they've already spent the money from their sin taxes, they really can't afford for people to quit.
Wanna bet?  That is their ultimate  goal.
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Threebean

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Re: 2/19/2016
« Reply #42 on: February 19, 2016, 09:38:28 AM »

As part of the President’s Budget for Fiscal Year 2017, a new program called Preschool for All has been proposed with funding coming from an increase in both the federal tax on cigarettes and a tax increase on other tobacco products, including cigars.

Currently the federal tax on cigarettes is $1.01 per pack, the proposed budget would see that increase to $1.95. In addition, other tobacco products, including cigars, would see their respective federal taxes increase to match how cigarettes are taxed.

For cigars, this would mean the tax rate would increase to 93.72 cents per cigar. Currently, cigars are taxed at 52.75 percent of the wholesale cost capped at 40.26 cents per cigar. This would increase to 102.2 percent of the wholesale price, capped at 93.72 cents per cigar according to information provided to halfwheel by the International Premium Cigar & Pipe Retailers Association (IPCPR).

There were 310 million large cigars imported to the U.S. in 2014, meaning it would generate $116.8 million in taxes annually. In addition, beginning in 2018 the taxes would increase 1.6 cents per year to adjust for inflation.

“The President’s proposal clearly demonstrates the disconnect between the White House and small business retailers throughout the country,” said Kip Talley, sr. director of federal affairs for IPCPR, to halfwheel. “Premium cigars are not marketed to or desired by America’s youth and should not be targeted for increased taxation. IPCPR is confident this misguided attempt at raising revenue will not be adopted by the U.S. Congress.
Which is also why they won't let the FDA muck around with the industry.  They need the tax income, they've already spent the money from their sin taxes, they really can't afford for people to quit.
Wanna bet?  That is their ultimate  goal.
It's also another wealth transference method.  Rich bastards with disposable income buying cigars. 
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LuvTooGolf

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Re: 2/19/2016
« Reply #43 on: February 19, 2016, 09:39:29 AM »

Didn't check prices yet, but a nice selection of Illusione, Tatuaje and Surrogates on The Page.  Even a knife or two for NotGolfinDave.
Those are both very serious looking!
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South Carolina Redfish

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Re: 2/19/2016
« Reply #44 on: February 19, 2016, 09:39:52 AM »

Didn't check prices yet, but a nice selection of Illusione, Tatuaje and Surrogates on The Page.  Even a knife or two for NotGolfinDave.
I may be living behind the times but the Cabaiguan prices don't look too good to me.  Low on those and would like to get a few but seem too high.
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