big cigarette indian

Increase in Cig Taxes May Lower Bond Returns

That positive health news may have negative implications for investors in tobacco bonds ...
Without this year's tax increases, as many as 20 billion more cigarette s would have been consumed by the end of next year, he estimated ...
States from Connecticut to Hawaii have considered tobacco levies and other ``sin taxes'' on gambling and alcohol to help eliminate record budget gaps ...
If we have 40 out of 50 states with state budget deficits, sin taxes are a popular place to go ...

The "Bidi Buzz" Continues

The forecast assumed tax increases also would be enacted in California -- where the Assembly yesterday rejected a $3-per-pack tax -- and in two smaller, unidentified states this year ...
6 million packs were sold in the month, a 47 percent drop from July 2001 ...
4 billion in municipal bonds, has sold all the tobacco settlement bonds it once owned, based on expectations they would lag other bonds ...
Known as a bidi (pronounced BEE-DEE), the Indian imports have enjoyed a recent flurry of national media attention fired by the sweet-scented smoke reportedly wafting through clubs, coffee shops and trendy East and West Coast neighborhoods ...

Secret Weapon Against Underage Smoking

States from Connecticut to Hawaii have considered tobacco levies and other ``sin taxes'' on gambling and alcohol to help eliminate record budget gaps ...
Moments later, the woman behind the counter was the recipient of a $50 ticket for selling cigarette s to a 17-year-old ...
A DRI-Wefa forecast released in January was based on expectations of fewer state tax increases, said Jim Diffley, group managing director at the Eddystone, Pennsylvania, firm ...
Advocates of tobacco bonds say they permit local governments faster access to the settlement funds while shifting the risk of default to investors ...

NY Law Smokes Out Online Cigarette Sales

Yet another reason for New Yorkers to quit smoking: The state yesterday began enforcing a law that bans the sale of cigarette s over the Internet, telephone and through the mail ...
states, counties and cities, and Guam, Puerto Rico and Washington, have sold a total of about $10 billion in tobacco bonds ...
Robert Klesges, a University of Memphis psychology professor and tobacco researcher ...
And Salisbury was off in search of his next bust, his specially trained underage decoy in tow ...
Those numbers mean something, Salisbury said, because 50 percent of those who smoke begin by age 14, and 90 percent begin before age 19 ...

MN Web Tobacco Buyers Owe State Taxes

Tom Briant, executive director of the Minnesota Wholesale Marketers Association, estimated before a legislative committee this year that Minnesota was losing between $10 million and$25 million a year ...
The state of Minnesota never told (the seller) to stop delivering, and they let it (the tax liability) build up ...
Postal Service and commercial transportation companies to monitor cigarette deliveries to residential addresses ...
Klesges said that's because national data suggests bidi use is rising ...

Bidis Prove To Be A Serious Health Threat

New research shows that smoke from bidis has about three times as much nicotine and carbon monoxide and five times as much tar as smoke from regular filtered cigarette s, according to a yet-to-be-released study by the Massachusetts Department of Public Health ...
The state of Minnesota never told (the seller) to stop delivering, and they let it (the tax liability) build up ...
Online, city smokers can buy a carton for as little as the price of a few packs ...
Bidis (pronounced beedies), with their arresting aromas and frequently lower prices, have become the latest smoking fad among teens and young adults, first in San Diego and Los Angeles and now Atlanta ...
Even a small drop in smoking rates may increase the risk for investors who've bought bonds that are backed by payments to state and local governments from tobacco companies ...

Cigarette Tax: Cuts Sales, Increases Revenue

District Court in Buffalo, said the group's president, Ali Davoudi ...
The Bloomberg administration raised the city's cigarette tax from 8 cents a pack to $1 ...
For the first time this fall, the Memphis researchers will include bidis in the list of tobacco products whose use they chart with Memphis seventh-grade students ...
Although the law was passed nearly three years ago, its enforcement was delayed by court challenges ...

Flavored cigs harmful

Its best enforcement tool is a 1949 federal law called the Jenkins Act ...
People believe that smoking bidis is healthy because -- unlike cigarette s and chewing tobacco -- bidis frequently lack the required health warnings, are considered natural, are sold in health food stores, and contain flavorings such as strawberry, chocolate and cinnamon ...
A 2001 court ruling declared the law unconstitutional because it interfered with interstate commerce, but a federal appeals court overturned that decision in February ...
But revenue is up, too: the tax earned $23 million last month, up from $2 ...

AG TALKS: Small Firms Create a Problem

The state of Minnesota never told (the seller) to stop delivering, and they let it (the tax liability) build up ...
This year, Mac and Steven Bailey, working out of the converted red brick schoolhouse where Mac went to elementary school, expect to sell 190 million Bailey's cigarette s in six states, charging just over half what Marlboro does for a pack ...
Online, city smokers can buy a carton for as little as the price of a few packs ...
People who are now going on the Internet to buy tobacco should be prepared for what's going to happen ...
And Salisbury was off in search of his next bust, his specially trained underage decoy in tow ...

Black Market Cigarettes in NY

People who are now going on the Internet to buy tobacco should be prepared for what's going to happen ...
If we have 40 out of 50 states with state budget deficits, sin taxes are a popular place to go ...
But smoker advocates say black-market sales will only grow in New York, where a tax hike has pushed cigarette s to $7 ...