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The time is now 5:35 pm
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May 1, 2024, 4:33 pm
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Eastern Time (GMT-5:00)
Tobacco prices to rise again
Published:
Updated:
With the new bill to be signed there are user fees added in the bill to cover cost incured by the feds. Who do you think is going to pay for these added user fees. The consumer.
This is a no brainer to figure out [are there any brains left in D.C.]. The more people that do not start smoking and the smokers that do quit will add to the cost of the product as less will be used.
I should run for a house or senate seat. I think I still have some common sense left.
will place additional burdens on working families during a recession.
Working families are always in a recession.
More federal jobs added to the payroll at your expense.
A change you can believe in.
http://www.gop.gov/bill/111/1/hr1256
User Fees": H.R. 1256 imposes "user fees" on tobacco companies to finance the new Center for Tobacco Products within FDA. Fees would total nearly $5.4 billion over ten years: $235 million in Fiscal Year 2010, rising to $712 million in Fiscal 2019 and all subsequent years. Fees would be assessed to classes of tobacco products (i.e. cigarettes, cigars, etc.), and to individual companies within each class, in the same percentages applied to tobacco buyout legislation previously passed by Congress (P.L. 108-357) in October 2004.
Some Members may consider this "user fee" a tax on the tobacco industry, which manufacturers will pass on to their customers. Some Members may also be concerned that tobacco taxes are among the most regressive forms of taxation, and that raising tobacco taxes still higher-on top of the 62-cent per-pack increase in taxes used to finance children's health insurance legislation (P.L. 111-3)-will place additional burdens on working families during a recession.
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