In 46 of the 50 states they can not even go this route until at least 2023 because of the Master Settlement Agreement.
The annual payments of these monies are based solely upon the number of cigarettes sold in each of the 46 states. what legislature is going to outlaw a product mandated to pay them above and beyond the already outrageous excise taxes placed upon them?
In 46 of the 50 states they can not even go this route until at least 2023 because of the Master Settlement Agreement.
The annual payments of these monies are based solely upon the number of cigarettes sold in each of the 46 states. what legislature is going to outlaw a product mandated to pay them above and beyond the already outrageous excise taxes placed upon them?
There was thread a couple of weeks ago about some of the states "cashing in" their settlement money for immediate payoffs to balance this year's budgets. Kind of like lottery winners opting for immediate cash settlements rather than take the 20 year installments.
Either way it just went to show how ridiculous all this tobacco settlement BS really was and more importantly just what is was really all about. Money for liberal pet projects to buy votes to maintain their power.