Minnesota Tax Bill Impacts Cigarette Prices

cigarettesmoneyBill to raise $2.1 billion in new revenue.

The Minnesota House has passed a tax bill that would include a $1.60 per pack cigarette tax increase, and up the OTP tax rate to 95%, greatly impacting retailers who sell tobacco products in the state.

The bill could raise revenue $2.1 billion and would also up taxes on high-wage earners and corporations. Representatives passed the bill by a 69-65 vote early Monday morning, May 20, the Minnesota Pioneer Press reported.

The bill now heads to the Senate.







  1. TO ALL MN’s….who smoke…QUIT NOW…so the STATE GET’S NO MORE TAX REVENUE, STOP helping a BILLIONAIRE build his Stadium….He’s got enough money to build his own…

  2. My wife and I have saved over $1930/year by just buying from AAA Tobacco because of how crazy cigarette taxes have gotten, and the money stays in the hands of small business owners in the US.

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