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Higher Tobacco Tax Its Still A Nobrainer - Latest News

Governor's prescription: higher tobacco taxes to aid health care

Smokers paying higher ... have opposed tobacco taxes, but Democrats have the three-fifths majorities in Salem so they could pass an increase without Republican legislators. Still, it's no certainty. read more

Mass.’ slow roll on funding anti-smoking efforts burns tobacco opponents

The program would still be woefully underfunded, but it would have a much higher ... to taxes, earning an “A” and “B” grade from the ALA in the past two years. The commonwealth has also received a “C” ... read more

Senate hearing starts on higher liquor tax rates

Angara, who heads the committee, said the panel will push for the passage of the measure, along with the tobacco excise ... for a specific tax rate of P40 per proof liter. Both versions of the bill pr... read more

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Reopening the Sin Tax Law

The World Health Organization, one of the staunchest supporters of the use of taxation as a means towards curbing tobacco and alcohol consumption, is cheering on our Congress in its latest attempt ... ... read more

Increase tobacco taxes to fund universal healthcare

They appealed to Angara to pass a tobacco tax rate that would balance the health and revenue objectives of the reform. The Philippines still has one ... billion—much higher than the P124 billion ... read more

With Higher Cigarette Taxes, Concerns About Smuggling

"Almost every excise tax forecast that we have made ... results in more revenue to a state government." The Massachusetts Department of Revenue says it expects an extra $135 million over the next 10 m... read more

As tobacco sales dry up, Kentucky farmers look to the state’s ‘original crop’ — hemp

Instead, the plant known for its strong fibers has often been used to make clothing ... But by the 1990s, anti-smoking campaigns and higher cigarette taxes hurt tobacco sales. In 2004, the federal gov... read more

Illinois Legislature passes big cigarette tax hike

Opponents of the $1-a-pack cigarette tax hike that the Illinois Legislature passed Tuesday say it's more than just Illinois cigarette sales that will go up in smoke. They noted Illinois' higher gas pr... read more

Signature gathering underway for plan to hike Missouri's tobacco tax by 23 cents a pack

Under the initiative petition that the group began circulating this week, the estimated $100 million a year that the higher tax would raise would be designated for the state’s transportation needs. Wh... read more

White smoke on budget deal might require cigarette tax hike

Watching incumbents lose seldom encourages a vote for higher taxes ... Campaign for Tobacco-Free Kids, has been urging lawmakers this session to add $1.50 per pack, calling it a no-brainer for several ... read more

British American Tobacco: Not Quite A No-Brainer Buy Yet

BTI depends on US menthol sales for about 25% of its profit. If the stock falls a bit further, the market looks to have fully priced in a drop in US menthol sales to zero. Over the past year, British ... read more

Mining, tobacco tax hikes, MACR and PSA liberalization

This is because it is still deliberating its own versions ... (ANMR), whichever is higher. The House version looks more rational because it is based on the net income and margin of the mining firms. T... read more

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