Proposed Federal Tobacco Tax Could Result in 50% Increase in State Taxes & Retail Prices
Massachusetts could see moist snuff rise to more than $20 a can, according to the Tax Foundation. WASHNGTON, D.C. — While no tax hikes are set in stone, a proposal to increase the federal excise tax for tobacco products could have a dramatic impact at retail. The Tobacco Tax Equity Act of 2021 would close tax code...