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Last post 19 years ago by usahog. 6 replies replies.
In the largest suit yet, US sues the tobacco indus
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usahog Offline
#1 Posted: Mon, Sep 20 2004, 12:31 AM EST
Joined: 12-06-1999
Posts: 22,691
In the largest suit yet, US sues the tobacco industry
http://www.csmonitor.com/2004/0920/p03s01-usju.html

And you wonder why Our Cigars cost so much....

I think I'll file suit with the State because they didn't take the Cigs off the shelf after they sued the crap out of the industries on Smokers behalves the last time... sheeeeeeeeesh...

Hog
eleltea Offline
#2 Posted: Mon, Sep 20 2004, 4:12 AM EST
Joined: 03-03-2002
Posts: 4,562
The feds already make more money on tobacco sales than anyone else in the business does. I sometimes wish the old mafia ran the world. They were never this greedy.
Sylance Offline
#3 Posted: Mon, Sep 20 2004, 7:05 AM EST
Joined: 06-19-2003
Posts: 592
Just wait and see what happens if we have socialized medicine. You really think the government is going to pay for lung cancer treatment for the guy who smokes three packs a day? Or how bout the guy who drinks a bottle of Jim Beam a day or the girl who eats six happy meals a day?

I see a ban on tobacco coming about 5-8 years after socialized medicine and that will be just the beginning…
usahog Offline
#4 Posted: Mon, Sep 20 2004, 7:17 AM EST
Joined: 12-06-1999
Posts: 22,691
Sylance, their not going to Ban the biggest Sin Tax in the Country.. socialized medicine may be one thing.. but just look at what's going on with the Medicine industries today... prescription drugs... what size market is this?? and who are the silent shareholders?? count on your fingers how many people just in your immediate family are taking a medication one type or another?


Hog
Sylance Offline
#5 Posted: Mon, Sep 20 2004, 10:03 AM EST
Joined: 06-19-2003
Posts: 592
Okay, maybe not banned but we will see even higher taxes. Everything that is 'bad' for you will be taxed so that we 'free' Americans will only live a 'healthy' lifestyle and thus... socialized medicine will be a success.
CWFoster Offline
#6 Posted: Mon, Sep 20 2004, 1:01 PM EST
Joined: 12-12-2003
Posts: 5,414
Think of this as a "backdoor" tax. If the taxes are say 20% in your state, and the State and/or Federal government sues the tobacco companies, and wins, the settlement will be rolled into the price of the product. If it takes a 20% hike to cover the settlement, now you have a 40% tax (effectively) that they didn't even have to go through the Legislature with, and didn't have to use that nasty old 'T' word!
usahog Offline
#7 Posted: Wed, Sep 22 2004, 9:27 AM EST
Joined: 12-06-1999
Posts: 22,691
Big Tobacco Confident of Winning Case
http://apnews.myway.com/article/20040922/D858MMM00.html
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