What a nightmare that has been created by these bumbling, yet devious fools.
Just charge $20 per pack!
They wanted folks to Quit smoking so they did, now they are crying becuse they thought to be a cash cow died.
Consequences hurt don’t they.
Wow, that was unexpected. >s
What a nightmare that has been created by these bumbling, yet devious fools.
I thought the states were supposed to save all sorts of money in medical costs when they got people to quit smoking. So where are all those realized savings?
How about an Obamacare-style solution — quit smoking but if you don’t continue to pay the tobacco taxes you can be fined, taxed, whatever by the IRS?
They win a huge settlement. Then they raise taxes on the product. Then they demonize and prevent its use. Then they borrow money on the revenue stream. Then there is no revenue stream.
Morons.
Just like in a Ponzi scheme.
“issued the bonds to receive billions of dollars upfront “
Greedy idiots.
Paying a premium to get the money upfront (and spent right away) instead of waiting for the payments.
I do not have the link for the original study but here is some information.
"Researchers looked at over 400,000 people, comparing the level of vitamin B6 in their blood with their risk of later developing lung cancer. Those with above median levels of vitamin B6, were found to have a 50% lower risk of developing lung cancer 5 years later." Also required is "high levels of the essential amino acid methionine." And quitting is not enough. "The majority - yes the majority - of people who develop lung cancer now are former smokers, not current smokers."
"But for both current and former smokers above average levels of B6 and methionine reduced the risk by 50%."
I do not like this: "It's important to note that this study was not a supplement study. Some vitamin supplements have actually been linked with a higher risk of developing lung cancer." I have read that vitamin E is an example but I have also read that nothing has been proved.
1. Smoking is bad. Therefore, raise taxes on cigarettes.
2, Smoking is bad. Demonize smokers and restrict where they can smoke.
3. Smoking is bad. Fund programs to get smokers to quit.
Add 1 through 3 together and you get DECREASED REVENUES to the taxing bodies of government.
Result: PANIC!
Smoking is good. Support your local Islamist cell or narco gang who are smuggling the smokes into the country. (Note: Tax revenue still still keeps going down and bond holders are about to be screwed. Scratch that . . . bond holders AND taxpayers are being lined up to get screwed.)