Memo to the Mafia: smuggle cigarettes
Article Abstract:
The US government intensifies its campaign against tobacco smoking by levying additional tax charges to manufacturing companies. Instead of forcing tobacco companies to pay billions as remuneration for smoke-related diseases, legislators have put pressures on these firms through costly settlements, increased tax rates and incremental prices. However, these measures do not only induce smuggling and illegal sales activities, but encourage consumers to smoke more, as well. Encouraging the public to refrain from tobacco smoking may be best handled through private initiatives, instead of government programs.
Publication Name: Regulation
Subject: Law
ISSN: 0147-0590
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
From cash crop to cash cow: how tobacco profits state governments
Article Abstract:
The Clinton administration's zealous efforts to curb smoking has resulted in the filing of lawsuits against tobacco companies to reimburse smoking-related Medicaid costs incurred by state governments. A settlement close to $370 billion has been proposed to cover the cases filed by some forty-one states. Though there is no question that smoking tobacco can indeed pose serious health risks, the financial cost arguments of states does not hold water. Analysis of the effects of tobacco sales on the economies of states reveal that the products actually save costs by providing financial gains.
Publication Name: Regulation
Subject: Law
ISSN: 0147-0590
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Battering big tobacco: nothing to lose but our liberty
Article Abstract:
New government regulations on the filing of suits and reimbursements of smoking related illnesses have been initiated as part of the Clinton Administration's stronger position against smoking. Under the new laws, tobacco companies will be held liable to the state to cover illnesses from smoking, settle monetary damages, and be regulated by the Food and Drug Administration on the sale and distribution of their products. The arrangement, which will amount to some $370 billion, will spare the tobacco industry from further damages and class action law suits.
Publication Name: Regulation
Subject: Law
ISSN: 0147-0590
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Goin' to the dogs: mushers take to the trails in the ultimate team sport. After Kandinsky: lawyers paint themselves out of their analytical corner
- Abstracts: Preparing to move into the digital era. Cashing in his chips to be with his family. California's sunny economy is growing partners; San Francisco Bay area firms are elevating more to partner as work is booming
- Abstracts: Merger mania continues. The big push comes to legal publishing. More publishing mergers on the horizon
- Abstracts: How not to sell free trade. Freedom to trade: East Asia ready to remove training wheels
- Abstracts: In memoriam - Walter Gellhorn. In memoriam: writing for Justice Powell