Hear, hear!
My cigarette is celebrating already ;-)
I enjoy the scene in "Shenandoa" where James Steward is sitting on his front porch after dinner, rolls up his own tobacco leaves, cuts it, lights it, smokes it. Ahhhh, culture.
California's excise tax collection for the
fiscal year ending June 2002: $1,074,323,000
Sales tax on tobacco products: 7.25%
Federal excise tax per pack of cigarettes: $0.39
Total federal excise tax collections in fiscal year 2002: $7,512,700,000
Click here for the Cigarette Tax and Payment Table for all states.
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Number of six-packs of beer that must be sold in California to produce the same state excise tax revenue generated by one carton of cigarettes: 77.3 |
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Number of bottles of wine that must be sold in California to produce the same state excise tax revenue generated by one carton of cigarettes: 219.6 |
California Smokers' Contributions
to the State Economy - 2002
Smokers Pay Excise Taxes2 | $ | 1,074,322,864 |
Smokers Pay Sales Taxes2 | $ | 333,410,544 |
Smokers Pay Tobacco Settlement Payments3 | $ | 913,332,154 |
$ | 2,321,065,562 |
California smokers' median income 20011 | $ | 35,620 |
Annual state income tax liability for a couple | $ | 370 |
Annual state income tax liability for a couple with two children | $ | 212 |
Total average paid per California smoker in excise and sales taxes | $ | 332 |
Cost per California smoker for settlement payments to California | $ | 216 |
Total annual payment to California per smoker | $ | 548 |
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Thanks for the ping, my FRiend!