I need a quick answer on US pricing

MedicCook · 05-20-2009, 11:21 AM

I know a few manufacturer's have also added a price increase in hopes to hide it from the consumer with the new tax increases. I know Drew Estate did this on the ACID's. Some of there sticks went up $3 between all the new taxes and their price increase. Luckily I can't stand ACID cigars so it does not bother me at all.

JJG · 05-20-2009, 02:30 PM

yeah, as I understand it the tax increase does not affect their existing stock, only new inventory purchased after the law went into effect. As somebody else mentioned some B&Ms began raising their prices on everything including existing stock once the bill went into effect. On the other hand, some manufacturers and retailers are trying to absorb all or part of the increase themselves. I think Pete at Tatuaje said in an interview that they were not going to be raising their cost to retailers.

RGD. · 05-20-2009, 07:57 PM

The sign on the counter of a local B&M states that the effective tax on cigars now stands at 158%.

Ron

alley00p · 05-20-2009, 08:28 PM

Quote:

Originally Posted by RGD.

The sign on the counter of a local B&M states that the effective tax on cigars now stands at 158%.

Ron

I wonder where they got that figure from?

My B&M owner hasn't touched his prices, but he figures his markup on the price he pays... If the price goes up when he restocks, He'll raise the price on the new sticks. I think that is fair, personally.

It could be worse, I guess... the folks that roll their own cigarettes were paying around $6.00 a pound + sales tax - now the same bag of baccy is going for around $30-$40 a pound!

awsmith4 · 05-20-2009, 08:35 PM

The new tax is only on cigars imported after April 1, 2009 so any cigars already in stores should not have risen but do expect it in some of the new stock. Certain companies have chosen to eat the increase while others passed it along to the consumer.

05-20-2009, 11:21 AM	#1
MedicCook Mila smoked my cigar Join Date: Jan 2009 First Name: Ryan Location: Schaghticoke, NY Posts: 10,946 Trading: (7)	Re: I need a quick answer on US pricing I know a few manufacturer's have also added a price increase in hopes to hide it from the consumer with the new tax increases. I know Drew Estate did this on the ACID's. Some of there sticks went up $3 between all the new taxes and their price increase. Luckily I can't stand ACID cigars so it does not bother me at all. __________________ 27 World Series Championship's "If your wife doesn't like the aroma of your cigar, change your wife.", Zino Davidoff

05-20-2009, 02:30 PM	#2
JJG Have My Own Room Join Date: Jan 2009 First Name: Jeff Location: Houston Posts: 1,260 Trading: (4)	Re: I need a quick answer on US pricing yeah, as I understand it the tax increase does not affect their existing stock, only new inventory purchased after the law went into effect. As somebody else mentioned some B&Ms began raising their prices on everything including existing stock once the bill went into effect. On the other hand, some manufacturers and retailers are trying to absorb all or part of the increase themselves. I think Pete at Tatuaje said in an interview that they were not going to be raising their cost to retailers.

05-20-2009, 07:57 PM	#3
RGD. God Like Status Join Date: Oct 2008 First Name: Ron Location: Alexandria, Virginia Posts: 971 Trading: (1)	Re: I need a quick answer on US pricing The sign on the counter of a local B&M states that the effective tax on cigars now stands at 158%. Ron

05-20-2009, 08:35 PM	#5
awsmith4 Simple Pleasures - 2oL Join Date: Oct 2008 First Name: Albert Location: Marietta, Georgia Posts: 4,602 Trading: (111)	Re: I need a quick answer on US pricing The new tax is only on cigars imported after April 1, 2009 so any cigars already in stores should not have risen but do expect it in some of the new stock. Certain companies have chosen to eat the increase while others passed it along to the consumer. __________________ Its THIS easy to support our troops