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Cowichan Tobacco Tax Distribution 2022-2024

Cowichan Tribes Tobacco Tax 2022-2024 Form

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the biden proposal to sharply raise tobacco taxes should go up in smoke [Music] hello i'm steve forbes and this is what's ahead where you get the insights you need to better navigate these turbulent times to help finance the proposed spending binges of president biden congressional democrats are pushing a bill called the tobacco tax equity act the legislation would double the federal tax on cigarettes from one dollar to two dollars a pack it would impose huge hikes on other nicotine products that would equalize the new levees on other tobacco products to those charged on cigarettes even though cigars pipes snuff and other alternatives are far less harmful to one's health taxes on snuff pipe tobacco and chewing tobacco would go up 15-fold the exaction on snus would rise almost 27-fold even though the fda has allowed a maker of snus to explicitly advertise the product as less harmful than smoking cigarettes in addition these taxes are indexed for inflation they'll gup automatically every

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