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Another Hidden Tobacco Tax - Surety Bonds
Posted on November 5, 2007 - Filed Under Taxes | Leave a Comment
As a long time smoker, the issue of tobacco taxes has always been of interest to me. I’ve written here before about how I avoid all tobacco taxes and save huge amounts of money as a result. However, I just today learned about another hidden tax on tobacco that we seldom hear about: Cigarette Tax Bonds.
According to JW Bond Consultants, a family owned surety bond company: “Cigarette Tax Bonds are required to guarantee taxes are paid from a seller of tobacco to…
