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Cigarette Excise Tax State cigarette tax: $2.87 per pack of 20 (set by Proposition 56 in 2016, effective April 1, 2017) Federal cigarette tax: approximately $1.01 per pack of 20 (under Internal Revenue Code section 5701) Total tax burden on a pack of cigarettes in California: nearly $4.00 before sales tax Other Tobacco Products (OTP) Tax The CDTFA recalculates the OTP tax rate every year on April 1, based on cigarette wholesale price changes

Risa Ravitz

I know mine will be good, even if I have to cut back on my gifts this year with every financial thing thats happened to me LOL

Surprising Fact Philip Morris International, the maker of Marlboro cigarettes, acquired Zyn manufacturer Swedish Match in a $16 billion deal in 2022

[93:01] Davey Wester Yeah