Posts tagged: tobacco

Campaigners cheers tax hike on tobacco

Tweet BHUBANESWAR: The decision of the State Government to raise value added tax on cigarettes, bidis and every other form of tobacco products has got the thumbs up from the anti-tobacco campaigners and the medical fraternity. �The move would go a long way in not only saving a large number of lives but also effect reduction in Government spending on treating tobacco-related diseases, they have asserted. �The State Government has increased VAT ... Jump to full article >>

Texas House Slashes Loose-Leaf Tobacco Tax

Tweet The lawmakers reduced the tax on loose-leaf tobacco from $1.13 per ounce to 80 cents. AUSTIN, Texas – The Texas House approved a 33-cent decrease to the state’s loose-leaf tobacco tax, the American-Statesman reports. The bill would drop the loose-leaf tobacco tax from $1.13 to 80 cents. “We just created an incentive for people to use cancer-causing products,” said Rep. Jason Isaac, who was the lone member to speak up against the bi ... Jump to full article >>

Tobacco tax to increase

Tweet The Health Bureau (SS) has plans to raise the tobacco tax prior to the anti-smoking law becoming effective on January 1, 2012. SS director Lei Chin Ion told reporters yesterday the bureau has proposed a rise in the tax to the Economic Services Bureau and is now working on several administrative regulations to accompany the anti-smoking law, according to TDM news. The anti-smoking law was published yesterday in the Official Gazette. The law ... Jump to full article >>

UNIK Corporation Discusses the Electronic Cigarette.

Tweet UNIK Corporation have found that electronic cigarettes are more popular than ever as smokers turn to these miracle products to get their fix of nicotine without the health risks that are associated with tar and tobacco. The “smoke-like” vapour emitted by an electronic cigarette vaporises within a few seconds, the odour does not linger so your clothes will not smell of tobacco, neither will your car or home! It leaves no visual ... Jump to full article >>

2 tobacco settlement funds end in NC House budget

Tweet RALEIGH, N.C. — House Republicans want to abolish two trust funds that receive half of North Carolina’s share of the national tobacco settlement and intercept money from the third – a direction health and economic development advocates contend will raise youth smoking rates and discourage economic recovery. The GOP-penned state budget proposal heading to floor debate Tuesday would eliminate by Dec. 31 the Health and Wellne ... Jump to full article >>

Neb. Lawmakers Mull Collecting Tribal Tobacco Tax Revenue

Tweet LINCOLN, Neb. — A bill that would create a way for Nebraska to collect tobacco tax revenue from Native American tribes advanced Wednesday through a first-round legislative vote. The measure would call for state officials to reach compacts with tribes so they could collect money to comply with a national legal settlement with the four largest U.S. tobacco companies. At stake is $46 million in settlement money for health care expenses. ... Jump to full article >>

N.S. targets tobacco

Tweet Dinosaurs covered in ashtrays and a website targeting teenage smokers are the key components of Year 1 of a five-year provincial tobacco strategy released Wednesday. The strategy calls for other types of action later on. They include immediate penalties for retailers who sell cigarettes to minors, persuading the federal government to change tobacco packaging, legislation to back no-smoking policies on hospital and school grounds, and look ... Jump to full article >>

Cigarette maker Lorillard 1Q profit rises

Tweet Cigarette maker Lorillard says its net income increased 7 percent in the first quarter as it sold more Newport and Maverick cigarettes at higher prices. Lorillard says it earned $248 million, or $1.71 per share, for the period ended March 31. That’s up from $232 million, or $1.50 per share, a year ago. The per-share figure was boosted by a lower number of shares outstanding. The nation’s third-biggest tobacco company says revenu ... Jump to full article >>

Bulgaria to sell stake in state-controlled tobacco company

Tweet Sofia – The Bulgarian privatization agency said Tuesday that it is putting up for sale the country’s remaining stake in cigarette manufacturer Bulgartabak Holding. The government holds 79.83 per cent of Bulgartabak, with the rest already privatized. Prime Minister Boyko Borisov’s cabinet declared the sale of the majority stake one of its priorities for 2011. Over the years, giants Philip Morris, Japan Tobacco and the Kore ... Jump to full article >>

Underage tobacco penalty much tougher than underage drinking

Tweet CHARLOTTE, NC (WBTV) – Since the start of 2011, Alcohol Law Enforcement agents have handed out more than 100 citations statewide to clerks selling tobacco products to underage kids. ALE agents say seven of the violations happened at Charlotte gas stations and convenience stores, many of them along Park Road in south Charlotte. The clerks who sold the tobacco products could face a $1,000 fine and possibly 30 days community service. In ... Jump to full article >>