The federal tax increase affects all tobacco products, but loose tobacco is facing the most significant change — from a $1.10 per pound tax to a whopping $24.78 per pound tax.Yes. Loose tobacco taxes did go up. My cigarette store guy told me that. But it's still a whole lot cheaper than buying a Carton.That was from an article I read about two or three months ago. Verified this for myself at the local tobacco store. A 1lb bag of tobacco went from about 6 bucks a pound to 35 or so.
The 6 oz can I buy makes more than a carton and is now $19.98 with all state local and Fed tobacco taxes included, it used to be iirc $9.98 (I was still buying my Camels then). But a carton of non filter Camels in my county is over $70.00 now. And in nearby Chicago they're over $90.00
hmmm some enterprising person could make a nice profit that way. wonder if the Chicago Outfit has thought about that? they sure could use the money now. /s
wow, a carton of Camels here is 53 bucks (St. Paul, MN).