New Mexico Representative Joanne Ferrary is sponsoring HB 33, which would dramatically increase the taxes on premium cigars, and remove the current $0.50 tax cap, that works to support local New Mexico small businesses. The bill would cause the tax on cigars to go from 25% to 77%. This would lead to a decrease in demand from your customers of over 41%! This means that consumers will buy around 41% less products if this new tax level is passed. This drastic change will shock every shop customer in New Mexico! But there is time to make your voice heard!
Sending this letter lets your legislators know how this tax will impact your business and asks them to vote this egregious tax down! We have until February 17th to make sure this bill doesn’t get passed, so make sure your voice is heard and take action today!