Tobacco Taxes
California's excise tax per pack of cigarettes: $0.870
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
--------------------------------------------------------------------------------
Comparing Excise Taxes on Cigarettes, Beer and Wine
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
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 - 2004
In 2003, California smokers comprised only 16.8% of the adult population in the state. Here is what they already pay because they choose to buy a legal product:
· Smokers Pay Excise Taxes $1,030,057,000
· Smokers Pay Sales Taxes $329,023,000
· Smokers Pay Tobacco Settlement Payments $802,400,000
TOTAL: $2,161,480,000
So, have they banned the sale of tobacco in all Belmont's businesses. Or are they just banning the smoker?
Belmont - "America's Premier Gulag"