2 Dec 2014 12:46 pm
Big Tobacco lost its clout when Al Gore found religion..socially centered » 02 Dec 2014 12:41 pm » wrote:so,... a question..... how will big tobacco turn a profit when they have no buyers?
the anti smoking cabal are trying to end the smoking habit for everyone. (personally I don't care, never smoked and ever since my uncle quit growing it I have no dog in that hunt)
How will the SCHIP program be funded when there are no more smokers?
On February 4, 2009, the Children's Health Insurance Program Reauthorization Act of 2009 was signed into law, which raised the federal tax rate for cigarettes on April 1, 2009 from $0.39 per pack to $1.01 per pack. [8][9] The purpose of the State Children’s Health Insurance Program (SCHIP) is to provide aid for impoverished children. SCHIP expanded its coverage of liability (in 2009) to include families with up to three times the federal poverty level as well as children from high-income families in New York and New Jersey. SCHIP is proposed to also cover dental benefits and treatment of mental illnesses where it previously did not exist. In addition to providing these services for U.S. citizens, SCHIP is also expanded to cover immigrant children and immigrant pregnant women.[10]
http://en.wikipedia.org/wiki/Cigarette_taxes_in_the_United_States
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