WCCO EYE4 LOGO WCCO Radio wcco-eye-green01, ww color green

Local

New Minn. Cigarette Tax Unlikely To Exceed Wis.

View Comments
cigarette, generic, smoking

(credit: CBS)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Today's Most Popular Video
  1. High School Football Highlights: Aug. 29, 2014
  2. Good Questions: Minnesota State Fair Edition
  3. Mayor Calls For Review Of St. Paul Skyway Arrest
  4. How To Prep Your Yard For Fall
  5. Former Wis. Deputy Charged In Double Homicide

ST. PAUL, Minn. (AP) — Minnesota’s cigarette tax is about to go up, but a top lawmaker says the new rate won’t be more than Wisconsin’s.

Minnesota Senate Majority Leader Tom Bakk says the final tax could match the $2.52 per pack rate charged in Wisconsin. That’s $1.29 more than Minnesota assesses now.

The House had suggested a $1.60 boost.

The higher tobacco tax is part of a $2 billion plan to raise new money toward the state’s next budget.

Bakk says the tax bill is likely to include a limited broadening of the sales tax base, but the concentration will be on warehousing and other business-to-business transactions. But Bakk says that the plan is to exempt local governments from all sales taxes, at a cost of more than $100 million per year.

Minnesota’s current cigarette tax of $1.23 per pack is below South Dakota’s ($1.53) and Iowa’s ($1.36). North Dakota charges just 44 cents per pack in tax.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,817 other followers