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The Round Table
Tobacco Taxes.... "RELAX Folks"
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<blockquote data-quote="Doc Manhattan" data-source="post: 87844" data-attributes="member: 341"><p>If I can hazard a guess on this one: the legislation up to this point (FDA regulation, both drafts of SCHIP and the upcoming PACT) have been supported by America's biggest tobacco concern, Phillip Morris USA (sometimes dba as Altria). All of these have allowed them to close ranks on their competition, while appearing to the largely anti-smoking public as having a conscience. Phillip Morris' support gave these new bills legs, and gave traditionally pro-tobacco legislators some official cover.</p><p></p><p>With the Parity Act, PMUSA has a conundrum: they have a huge pipe tobacco concern in John Middleton, but more to the point, their insanely popular line of mass-produced cigars (Black & Milds) have been marketed for 50+ years as "pipe tobacco cigars." Their lawyers have no doubt scoured the new bill, and figured out the tax may screw up one of their biggest lines. Without PM/Altria's blessing, this new legislation is going to get debated, tabled, and diluted before it ever even sees a vote.</p><p></p><p>Just an educated guess... I could be way off.</p></blockquote><p></p>
[QUOTE="Doc Manhattan, post: 87844, member: 341"] If I can hazard a guess on this one: the legislation up to this point (FDA regulation, both drafts of SCHIP and the upcoming PACT) have been supported by America's biggest tobacco concern, Phillip Morris USA (sometimes dba as Altria). All of these have allowed them to close ranks on their competition, while appearing to the largely anti-smoking public as having a conscience. Phillip Morris' support gave these new bills legs, and gave traditionally pro-tobacco legislators some official cover. With the Parity Act, PMUSA has a conundrum: they have a huge pipe tobacco concern in John Middleton, but more to the point, their insanely popular line of mass-produced cigars (Black & Milds) have been marketed for 50+ years as "pipe tobacco cigars." Their lawyers have no doubt scoured the new bill, and figured out the tax may screw up one of their biggest lines. Without PM/Altria's blessing, this new legislation is going to get debated, tabled, and diluted before it ever even sees a vote. Just an educated guess... I could be way off. [/QUOTE]
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