Premium Cigar Association and Cigar Association of America are collaborating on a national study of cigar tax cap policies enacted and planned in the U.S.
The study is using Goss & Associates, led by Ernie Goss, Chair in Regional Economics at Creighton University. Goss has published more than 100 studies on economic forecasting and on statistical analysis of business and economic trends.
The study will evaluate the effectiveness of cigar tax caps as a matter of state policy, the direct and indirect economic impact of premium cigars for each state including local, state and federal taxes.
“Since 1977, the CAA economic and statistics program has provided actionable insights to support industry advocacy,” CAA President Scott Pearce said in a press release. “Currently, we find ourselves having to defend existing tax caps, as well as working to advance new cap bills, in addition to addressing reform of statutes in some states. And in this regard, research and substantiated data are the number one requests of state legislatures. CAA is excited to be partnering with PCA to further progress our advocacy with this new study.”
The study results are expected to be released later this year.
