3 weeks left

Tredegar · 03-09-2009, 06:35 PM

Well, it's three weeks until the S-Chip taxes go into effect. I look at buying quite a few yardgars between now and then. Why? It's a math thing. The way I figure a yardgar will go up in price by 30-50% or more just because of the tax relationship with regards to it's retail price. What may be one dollar today may become two dollars April 1st. I am not so worried about higher priced cigars because the S-Chip is a 'per stick' tax and therefore the percentage of a price gain makes it seem less painful. Anyone else going with this plan?

03-09-2009, 06:35 PM	#1
Tredegar Sing along with me Join Date: Feb 2009 Posts: 670 Trading: (9)	3 weeks left Well, it's three weeks until the S-Chip taxes go into effect. I look at buying quite a few yardgars between now and then. Why? It's a math thing. The way I figure a yardgar will go up in price by 30-50% or more just because of the tax relationship with regards to it's retail price. What may be one dollar today may become two dollars April 1st. I am not so worried about higher priced cigars because the S-Chip is a 'per stick' tax and therefore the percentage of a price gain makes it seem less painful. Anyone else going with this plan?