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April 1st tax

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  #26  
Old March 31st, 2009, 04:37 PM
Hajo Flettner
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Default Re: April 1st tax

Quote:
Originally Posted by PiNKL0VE View Post
Couldn't have said it better myself. We all just need to sit back, relax, & smoke like nothings wrong. because honestly nothing is wrong $1.50 more isnt gonna kill us. i mean think about it, we buy 250 of shisha for like what 7 -9 bucks every few weeks. cigarette smokers are starting to pay those prices like EVERY DAY be thankful its not that bad for us. happy smokin ya'll
You guys are fooling your selves if you are not being fooled. What will happen is the same thing that has happened with every single excise tax increase in my living memory. The increase of a $1.50 per 250g will be passed from the manufacturer to the wholesaler who will pass it on to the retailer. You will get stuck with the compounded price increase rather then just $1.50 The reality is that this tax rise will be the first of many because smokers generally take what ever abuse is thrown at us so I guess we get what we deserve.
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  #27  
Old March 31st, 2009, 04:57 PM
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Default Re: April 1st tax

Tomorrow looms large on the horizon. Glad I got my stash. LOL
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  #28  
Old March 31st, 2009, 05:05 PM
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Default Re: April 1st tax

Anti-Tobacco lobbyists can't convince anyone to full out ban tobacco, so they work this way. This particular increase isn't too bad in terms of money, but I get the feeling it'll keep going up until no one can afford to smoke. What burns me is what this tax is going to. People keep saying "You people are costing the health care system money, so you deserve to pay for it. This tax is perfectly fair since it's going to fund health care." What they don't realize is that the tax money is going to give Children health insurance. Can someone explain why we should pay for other people's children to have heath coverage? If it were a general tax, I'd have no problem paying a small additional tax for it, but it targets smokers, a group who have NOTHING to do with children. Why not legalize other things (which they are talking about doing) and take the estimated $77 billion cash swing ($44bil not spent on enforcement and $33 bil in taxes) and pay for it?

It's anti-tobacco lobbyists trying to force us to stop smoking again... sigh.

Last edited by GuardianOfFreyj; March 31st, 2009 at 05:06 PM. Reason: Sorry, forgot about the filters...
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  #29  
Old March 31st, 2009, 05:15 PM
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Default Re: April 1st tax

Look, I don't like children and I dont like paying more money for things that I enjoy. Still, I don't mind paying more for a luxury item, any luxury item, to fund children's health care.
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  #30  
Old March 31st, 2009, 05:28 PM
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Default Re: April 1st tax

The thing is that this tax increase will fund nothing. In another thread on this topic I have a link to a great study on the economics of SCHIP. Also, a pretty big pile of literature has shown that smokers contribute far more to the public coffers then they cost the public. Basically I resent the notion that some can force me to change my life style via taxes simply because they have more clout then I do. In the end the SCHIP tax will hurt the economy (it already has caused lay offs) and help no one. Experience is a better teacher then vaguely hopeful leftwing blather.
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  #31  
Old March 31st, 2009, 05:59 PM
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Default Re: April 1st tax

Quote:
Originally Posted by GuardianOfFreyj View Post
Anti-Tobacco lobbyists can't convince anyone to full out ban tobacco, so they work this way. This particular increase isn't too bad in terms of money, but I get the feeling it'll keep going up until no one can afford to smoke. What burns me is what this tax is going to. People keep saying "You people are costing the health care system money, so you deserve to pay for it. This tax is perfectly fair since it's going to fund health care." What they don't realize is that the tax money is going to give Children health insurance. Can someone explain why we should pay for other people's children to have heath coverage? If it were a general tax, I'd have no problem paying a small additional tax for it, but it targets smokers, a group who have NOTHING to do with children. Why not legalize other things (which they are talking about doing) and take the estimated $77 billion cash swing ($44bil not spent on enforcement and $33 bil in taxes) and pay for it?
It's anti-tobacco lobbyists trying to force us to stop smoking again... sigh.
Looking at this from an economic standpoint , the second to last sentence of this makes sense....not that I support it, but why fight a losing battle?...like taxing the shit out of tobacco to get people to stop smoking? Regardless of what they do there will still be people willing to pay the price. I think its b-s that they are targeting a select group of people to fund a program, some of which are so addicted they cant stop. For us hookah smokers no the tax increase is not that bad but its the principle of the tax that pisses me off. Just remember this the next time you go to vote for your congressmen and president.
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  #32  
Old March 31st, 2009, 08:05 PM
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Default Re: April 1st tax

Is any one else still hoping this is just a really, really elaborate april fools joke?
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  #33  
Old March 31st, 2009, 09:08 PM
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Default Re: April 1st tax

Can you deep store shisha in Cosmoline?
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  #34  
Old March 31st, 2009, 09:37 PM
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Default Re: April 1st tax

They should just raise the price on cigarettes, and leave cigars, hookah, and beer alone.
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  #35  
Old March 31st, 2009, 09:37 PM
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Default Re: April 1st tax

yea for shisha it isnt all that bad.. but for those you smoke cigs like myself.. its insane.. i used to get a pack back in the day for 5 bucks.. now for 8.50 and soon to probably be 10.. its a little rediculous and thats when i quit.
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  #36  
Old March 31st, 2009, 10:03 PM
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Default Re: April 1st tax

Quote:
Originally Posted by Hajo Flettner View Post
The thing is that this tax increase will fund nothing.
Sure it will! It'll finance the lifestyle of countless government freeload.... er...employees!
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  #37  
Old March 31st, 2009, 10:05 PM
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Default Re: April 1st tax

Quote:
Originally Posted by Rob416 View Post
i used to get a pack back in the day for 5 bucks.. now for 8.50 and soon to probably be 10..
I remember buying a pack for 80 cents.
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  #38  
Old March 31st, 2009, 10:32 PM
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Default Re: April 1st tax

wow. you guys made me feel 10 times better about the tax increase. i guess it's not so bad after all.
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  #39  
Old March 31st, 2009, 10:41 PM
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Default Re: April 1st tax

God this is going to suck
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  #40  
Old April 1st, 2009, 12:10 AM
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Default Re: April 1st tax

Just check out the stores (online too) that you normally buy from tomorrow and see what the damage is. I don't think $1.25 extra or whatever it is will be that bad if you are buying 250g at a time...Now the 50g samplers are another story.
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  #41  
Old April 1st, 2009, 12:14 AM
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Default Re: April 1st tax

Quote:
Originally Posted by Matt-641 View Post
Just check out the stores (online too) that you normally buy from tomorrow and see what the damage is. I don't think $1.25 extra or whatever it is will be that bad if you are buying 250g at a time...Now the 50g samplers are another story.
well if the rumor that $1.00- is going to be the increase is true,
then 50g packs should only be about 20 cents.

(250g=$1
250/5= 50g
$1/5= 20 cents.)

hint: the "/" sign means divided by.
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  #42  
Old April 1st, 2009, 12:16 AM
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Default Re: April 1st tax

That's right, it goes up by percentage lol..I was thinking 1.25 for all shisha (no matter what amount)...but still, that's not bad.
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  #43  
Old April 1st, 2009, 12:19 AM
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Default Re: April 1st tax

Nazar Hookah didn't go up yet ^.^

But prolly cause that time zone didn't hit April 1st yet haha
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  #44  
Old April 1st, 2009, 12:25 AM
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Default Re: April 1st tax

I just saw on Hookah & Shisha Central that so far Romman and Starbuzz have jumped in price, both are now $22.95 for 250g. I'm assuming the others are to come...
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  #45  
Old April 1st, 2009, 12:58 AM
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Default Re: April 1st tax

Well it's a dollar increase on all 250 grams. from what I can tell.

What I don't get is .... Do vendors have to add the tax to all of their stock they had on the floor or in stock at a warehouse even though it was bought before April 1? Because if they don't, then there should be no reason H-S is raising their prices at this moment. Mahir at Nazarhookah said he was buying a bunch of shisha to stock in order to "ride it out" as long as he could, and what I got from that was he stocked up on 'bacco before the tax so it could not be taxed.

What's the deal?
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  #46  
Old April 1st, 2009, 01:04 AM
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Default Re: April 1st tax

$50 for 250 grams of Al Fakher in Australia

I want all your prices lol
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  #47  
Old April 1st, 2009, 01:05 AM
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Default Re: April 1st tax

Quote:
Originally Posted by ZenSilk View Post
Well it's a dollar increase on all 250 grams. from what I can tell.

What I don't get is .... Do vendors have to add the tax to all of their stock they had on the floor or in stock at a warehouse even though it was bought before April 1? Because if they don't, then there should be no reason H-S is raising their prices at this moment. Mahir at Nazarhookah said he was buying a bunch of shisha to stock in order to "ride it out" as long as he could, and what I got from that was he stocked up on 'bacco before the tax so it could not be taxed.

What's the deal?
That actually makes a lot of sense. I was kinda thinking that too but I guess H-S just wants to make some extra money and not benefit all of its customers by riding it out like Mahir. He's such a chill guy from talking to him on AIM haha
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  #48  
Old April 1st, 2009, 01:07 AM
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Default Re: April 1st tax

Can someone point me to the place where any form of hookah tobacco/moassell/tobacco+glycerin/tobacco+honey/shisha/narghile tobacco is listed on the SCHIP document?

I would love to know.
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  #49  
Old April 1st, 2009, 01:17 AM
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Default Re: April 1st tax

I hope it's an April Fools joke ...
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  #50  
Old April 1st, 2009, 01:25 AM
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Default Re: April 1st tax

is the red bold saying anyone holding tobacco products is available for the tax?

(h) <<NOTE: 26 USC 5701 note.>> Floor Stocks Taxes.--
(1) Imposition of tax.--On tobacco products (other than
cigars described in section 5701(a)(2) of the Internal Revenue
Code of 1986) and cigarette papers and tubes manufactured in or
imported into the United States which are removed before April
1, 2009, and held on such date for sale by any person, there is
hereby imposed a tax in an amount equal to the excess of--
(A) the tax which would be imposed under section
5701 of such Code on the article if the article had been
removed on such date, over
(B) the prior tax (if any) imposed under section
5701 of such Code on such article.
(2) Credit against tax.--Each person shall be allowed as a
credit against the taxes imposed by paragraph (1) an amount
equal to $500. Such credit shall not exceed the amount of taxes
imposed by paragraph (1) on April 1, 2009, for which such person
is liable.
(3) Liability for tax and method of payment.--
(A) Liability for tax.--A person holding tobacco
products, cigarette papers, or cigarette tubes on April
1, 2009, to which any tax imposed by paragraph (1)
applies shall be liable for such tax.

(B) <<NOTE: Regulations.>> Method of payment.--The
tax imposed by paragraph (1) shall be paid in such
manner as the Secretary shall prescribe by regulations.
(C) Time for payment.--The tax imposed by paragraph
(1) shall be paid on or before August 1, 2009.
(4) Articles in foreign trade zones.--Notwithstanding the
Act of June 18, 1934 (commonly known as the Foreign Trade Zone
Act, 48 Stat. 998, 19 U.S.C. 81a et seq.) or any other provision
of law, any article which is located in a foreign trade zone on
April 1, 2009, shall be subject to the tax imposed by paragraph
(1) if--
(A) internal revenue taxes have been determined, or
customs duties liquidated, with respect to such article
before such date pursuant to a request made under the
1st proviso of section 3(a) of such Act, or
(B) such article is held on such date under the
supervision of an officer of the United States Customs
and Border Protection of the Department of Homeland
Security pursuant to the 2d proviso of such section
3(a).
(5) Definitions.--For purposes of this subsection--
(A) In general.--Any term used in this subsection
which is also used in section 5702 of the Internal
Revenue Code of 1986 shall have the same meaning as such
term has in such section.
(B) Secretary.--The term ``Secretary'' means the
Secretary of the Treasury or the Secretary's delegate.
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