Protect your portfolio from Altria

Altria (MO) is currently one of the best investments in the tobacco industry. This Tobacco Company has a strong balance sheet and an aggressive plan for growth and diversification in the industry.

Altria is also devoted to the return of income dividends to shareholders and secure the ransom. Of all large organizations, tobacco, Altria is the path of least resistance to maintain the leading position throughout the industry. In this article I will explain why shareholders should buy and hold these stocks for a long period of time, while new investors should consider these stocks as defensive long-term assets to add to your portfolio.

Beta Altria is about 0.5, and PEG ratio above two. These figures underscore the reliability and stability of the stock to look ahead. Enterprise value of nearly $ 10 billion more than the market capitalization, which means that Altria is currently undervalued in the market, investors. Sales growth in the relatively flat compared with 2011, while sales fell by nearly eight percent over the previous quarter. Return on equity is more than 100 percent, and increased significantly during the last three quarters. Operating margin is greater than 18 percent, and increase the expense of the last three quarters, but not more than one percent. Net interest margin is also relatively flat, reduced by less than one percent from the end of 2011.

Debt to equity ratio increased from 2011, but moved about 3.5 in the last two quarters.

Altria Split output exceeds the industry average is about 4.8 per cent, equivalent to more than $ 1.60 per year. The price is about 16 times, as well as income exceeds the industry average. Altria is currently undergoing some restructuring, as he pays the IRS and adapts to changing demand in the tobacco industry. In spite of this phase transition, Altria continues to expand its brands, returning profits to shareholders.

Reynolds American (RAI) has announced it will cut its staff by 10 percent by the end of 2014 due to lack of demand for cigarettes. Higher taxes and low salaries deter many people from smoking cigarettes, as it was before. California has recently tried to pass legislation to raise taxes on cigarettes on the dollar in order to avoid smoking while funding for further studies of cancer. Altria contributed nearly $ 35 million to $ 46.8 million advertising campaign to win this election. Fortunately for Altria and Reynolds, the proposal failed to pass 29 with 50.3 percent of voters rejected the bill. In addition to countless 110,000 votes, 28,000 patients not receiving bills than supported it. Altria has taken several measures to adapt business models to address current and future obstacles to its current revenue stream.

Restructuring of its activities is the main goal. Altria pays more attention to smokeless products, and diversify its product portfolio. Altria is also a moderate increase in the price where it can add a promotional line with its already popular brands. Along with the obstacles in the market, Altria earnings were hampered by the recent problems with its IRS. Altria about this scenario and will pay $ 450 million in outstanding $ 500 million due in the second quarter of 2012. By the end of 2011, Altria paid $ 1.1 billion for the missed tax payments from 1996 to 2003. In addition to updating restrictions on smoking in the past few years, another problem that lies ahead of Altria is the ability to ban menthol to the FDA In 2011, Altria developed in conjunction with windows A / S for the development of non-combustible products with less nicotine and tobacco.

Altria recently launched a new product for one of its subsidiaries, Numark, in May 2012. This product is called Verve and it was released in retail outlets in Virginia prior to launch. The product behind the counter and is designed for consumers looking for alternative tobacco. Altria research shows that about 30 percent of adult smokers are now looking for an alternative to traditional tobacco products. The Verve product discs that contain nicotine and flavors, but not tobacco, consumers can chew and discard the product as soon as they finished. There are 16 disks of blue mint n for each package. Altria is also increasing its Skoal and Snus products in the market. Altria expects to increase the amount of smokeless four percent a year over the next few years.

Altria is one of the most attractive investments because of its good will and focus on the domestic market. Phillip Morris International (PM) suffered in recent years due to its influence in Europe. Phillip Morris has received almost 40 percent of its revenues in 2011 from Europe. The recent decline in economic conditions abroad, prevents revenue Phillip Morris International, significantly. PM is going through the wind is about 25 cents per share in 2012, while she experienced the benefits of 19 cents per share in 2011. PM suffers especially in Spain and Italy. The crisis in Europe will have the effect of obstacles on the income of the Prime Minister for many years. More than 20 percent of the prime minister was in Europe in 2011.

Negatively, Altria managed to release a new version of the Marlboro brand of cigarettes, while higher prices for packaging as well. This is done as it pays the IRS and continues to raise the dividend and redemption schedule for the remainder of 2012. Altria has confidence in their ability to improve its wines, along with a subsidiary of promising new Marlboro Black and releases a special Blend. The adoption of the new operating architecture allows Altria to focus more on the meeting and the capitalization of the divergent interests of consumers across the country. Markets remain competitive, but also among the world’s tobacco distributors, such as British American Tobacco (BTI) and Japan Tobacco, Altria, obviously, has the best game plan to effectively adapt to changing demand by consumers.

Disclosure: I have no positions in any stocks mentioned, and does not intend to initiate any positions within the next 72 hours.

Philip Morris gets in the UK

Philip Morris International, the biggest Cigarette Company in the world  has attacked the UK Department, in the end with the public over whether to introduce plain packaging for tobacco products.

A report commissioned by the manufacturer of  Marlboro brand of cigarettes said the cornerstone of the Research Ministry of Health about a simple package, failed to provide evidence that this will lead to a reduction in smoking, and were based on studies . The comments in the report of the American consulting firm Compass Lexicon, represent an unusually sharp criticism from a large tobacco company and goes to Alison Cooper, executive director of the FTSE 100 Imperial Tobacco, was criticized for the fact that the Ministry of Health “anti-business” in the last month.

They point to widespread tobacco industry fears that Britain may soon follow the example of Australia, where all tobacco products should be sold in packs of gray similar to the standard label and carrying a large health warnings this year. The report of the Ministry of Health of the Public Consortium for Health Research, a network of researchers, funded by the Ministry of Health, is the largest government report today in the efficacy of simple packages to reduce smoking.

Professor Gerard Hastings, one of the authors of the report, said: “A little more than three decades of research have been identified and it shows that plain packaging could help smokers in three ways: by increasing the value and effectiveness of health warnings by updating and thus smoking less attractive Remove confusion about the damage can cause packaging design. ” Separately, Philip Morris also released a study by researchers at Transcrime, Centre of Criminology research, based in Milan, which warned of plain packaging would be a fake cigarette lighter and can lead to increased smuggling of tobacco products in the UK.

“We do not think plain packaging would reduce smoking and simply lead to an increase in black market cigarettes,” said Philip Morris. So far, only Australia has a law on plain packaging. The government is struggling with a series of legal battles with tobacco authorities, who accuse him of illegal confiscation of their brands. This policy is also considered within the EU. British American Tobacco describes the data Ministry of Health for the introduction of plain packaging as “limited.” “We are very concerned about the way that the database and consultation impact assessment process falls short of standards that tend to require policies to be considered, let alone implemented,” said BAT.

Tobacco control in the Czech Republic

Two of the largest tobacco companies in the world are actively weakened the tobacco-control policies in the Czech Republic over the past two decades, researchers from the Department of Health have found.

Tobacco Control Research Group of the University has found this intervention British American Tobacco and Philip Morris to influence the tobacco tax policy, which is one of the most effective ways of reducing tobacco consumption. They found that the corporation cooperated with the broader interests of the tobacco to keep low taxes on tobacco and tobacco lobbying competitive tax structures that will promote their brands. They also found evidence that Philip Morris is ignored, turned over and attempts to weaken the Czech policy to restrict tobacco advertising, promotion of voluntary restrictions as an alternative to binding legislation.

The study comes from the first study to investigate the influence of the tobacco industry in the Czech Republic, which was published in PLoS Medicine this week. The results show that the major tobacco companies have been quick to enter the Czech market in tobacco, in accordance with the decision on the privatization of state-controlled tobacco interests in the early 1990s, and immediately worked to shape policy in their favor. The study, led by Risako Shirane, and Professor Anna Gilmore in the bathroom, on the basis of an analysis of internal tobacco company documents (released in the courts in the U.S.) and key informant interviews.

The first author of the article, Risako Shirane said: “The excise policy, perhaps one of the most complex and least understood areas of tobacco control, and it makes the policy are particularly susceptible to the influence of the tobacco industry. “Our study is based on the wealth of previous research showing that tobacco companies are primarily due to the desire to increase profits, which means that their ability to influence policy usually has devastating consequences for public health.” According to the World Health Organization, smoking causes approximately 18,000 premature deaths a year – up to 50 deaths a day – in the Czech Republic. Overall, 26 percent of all male deaths and 10 percent of all deaths in women are associated with tobacco use.

Tobacco control remains very weak in the Czech Republic, with policy in the country in recent times finishing fourth least efficient in Europe. The Czech Republic is also the only European Union state has not approved that the World Health Organization Framework Convention on Tobacco Control – widely accepted international treaty, which defines the specific steps for governments to curb tobacco consumption. Cigarettes are becoming more available in the Czech Republic since 1991, while cigarette sales remain high, without a strong policy on tobacco control. Dr. Hana Ross, American Cancer Society conducted a key informant interviews, which confirmed the findings and suggested that the policy of intervention by the tobacco companies is taking place in the Czech Republic, tobacco companies continue to enjoy a high level of political support.

Lead researcher, Professor Gilmore, said the results indicate that officials in the Czech Republic need to work harder to ensure that policies on tobacco control has informed independent advice and are protected from undue interference by the tobacco industry.

Tobacco stores see boom, bust expecting a hike in the cigarette tax victory

As the dollar more than the tobacco comes into force this week, some very strong opinions resulted from the adoption of the new law. As we know at this point that the tax increase on cigarettes took effect on Sunday, but what many do not know that this tax is included in a new form of classification for some other tobacco products.

Miniature cigars, usually less than a dollar when sold separately, and two dollars cheaper than the sale of cigarettes in packs, now fall into the same category as cigarettes, resulting in a huge jump in prices. Daily or regular customers of the three smoke shops in the city were blanks in the past few weeks, and though these stores have seen a boom in business, most believe he will come to a screeching halt after Sunday. Employee Store One Stop smoking, Robert Burton, believes that many of them either quit or start a journey from the state to ensure their needs are tobacco.

“Hardcore regulars will not care, but people with an opportunity to travel and those who just stop at that and there will be no more,” said Burton. This can cause an initial drop in sales at the store, but “there will always be in demand. Times get hard, people get stress and smoking.” Burton hopes to soon become a “reformed smoker” as a result of higher taxes.

In addition, L & D Discount Smoke Shop Discount Tobacco Warehouse, and saw a lot of business in the last couple of weeks, but both sites were significantly slower on Sunday. Sarah Hitz, in the L & D Discount Smoke Shop, recognizes the fact that this is not the first, and probably will not last, raising taxes on tobacco products.

“People say they will stop every time the price goes up,” Hitz said. She is grateful for the drive-up in L & D, which helps ensure that most of its business. She predicted, however, that “there will be only a smoke shop in town, in the end. I do not know what it is, but it’s just a matter of time.” Hitz is a smoker, but has no plans to stop in connection with the tax hike, while someone at the store said that a pack of cigarettes is almost equal to the fee per hour.

The new store on the block, discount tobacco stores do not pick the perfect time to start a business. Mackenzie Boland, an employee discount warehouse of tobacco, I am sure that, while the new store, people will still buy cigarettes there because they are the cheapest in town. As a non-smoker, Boland did not really think that a lot of tax because it does not affect it. It is, however, say that it is a pity to those whom he influenced.

In every shop smoke, raising taxes was the main topic of discussion. Some did not know the magnification, while others knew it was coming, but it does not make it easier to swallow.

Tightening position on tobacco products

Health groups unite to call for duty-free tobacco allowance to be scrapped and a huge increase in cigarette prices over the next four years.

Groups – including the Royal Australian College of Physicians, cardiac society of Australia and New Zealand, Heart Foundation, the Association of Physicians of Maori College of Nursing and Auckland Regional Public Health Service – have put in submissions to the Customs and Excise (Tobacco – Budget Measures) Amendment Bill impose a tax on tobacco hikes announced in the budget.

They all want to benefit for duty-free tobacco for scrapping the following steps in Australia to dramatically reduce the tax-free allowance. In addition, they are rallying behind the call for 40% more next year, and then a 20% increase in each of the three years after that, well above the increase announced in the budget of 10% per year over four years.

The more you grow – first proposed health specialist Dr. Murray Laugesen to the New Zealand Medical Journal – will push the price of a package of 20 cigarettes to $ 29 for four years, from $ 13 now. Dr Laugesen estimated that higher tax rates for the health groups will offer 100,000 smokers quit and reduce consumption by one billion cigarettes in the next year.

Currently, travelers can bring 200 cigarettes in New Zealand free of duty. On September 1, aids in Australia will be reduced from 200 to 50 after the change in the budget of the Australian Government. The New Zealand government has already agreed to consider changing the duty-free rules in line with other countries, especially in Australia and Deputy Health Minister Tariana Turia said it was possible, but stayed it was relatively difficult because of international obligations.

“We always try to keep up with what’s happening in tobacco control in Australia. “We looked at the options on the issue of duty-free tobacco products, but there are some problems out there that make it hard.” Ministry of Health 2008 study showed that about 7.4% of smokers bought cigarettes from a duty free shop. Heart Foundation medical director Norman Sharpe said the duty-free tobacco was the largest source of black market tobacco products in the country, and cost 63 million dollars in lost revenue.

“In fact, this lost revenue is anomalous and state subsidies for the tobacco industry and the black market profiteers.” In his view, global public health, the director Trish Fraser said that future changes in Australia meant a lot of duty free retailers are now said that the cigarette is not worth stocking at airports.

“As a result of the experience of Australia, I think there is a good case for New Zealand to ban the sale of duty-free cigarettes.” Royal Australian College of Physicians and presentation of cardiac society also pointed out the study for the Ministry of Health, Dr Marewa Oakland University Glover. It showed two-thirds of smokers live in low socio-economic groups tried to go after the tax increase in 2010 and 2011, but relapses were high, and 40% of those who did not output started buying cheaper brands and smoke close to the filter to get more from cigarettes, or cut, and not smoking.

“Such actions are intended buffer the financial impact and seems to indicate a higher limiting tax increases and other measures that are called for.” Several groups have pointed to research by Dr. Glover. “Tougher tax increases will lead to more successful attempts to quit smoking, and the ability to mitigate the tobacco companies” to keep their sales by introducing a very low-cost brands. “

He said the huge increase would also reduce the ability of tobacco companies to cover the cost increases. The Committee on Finance and expenditure select regarded Customs and Excise (tobacco – Budget Measures) Amendment Bill.

School Boards Association supports the initiative of taxes on tobacco

Missouri School Boards Association voted to support a plan that will increase the Missouri low-in-the-nation tax on cigarettes from 17 cents per pack to 90 cents starting in January.

MO School Boards Association’s press Brent Hahn said: “We believe that it’s kind of hard argument to make it, we must remain low taxes on tobacco in the country, we are still trying to find new sources of revenue to fund public education and other things that we need here in Missouri.” Office of the State Auditor assesses the increase in tobacco taxes will generate up to more than $ 400 million a year. Half the money will go to public school districts, 30% with higher education and 20% of the effort to prevent people from using tobacco and to help them quit smoking.

Initiative spokeswoman Misty Snodgrass said: “It’s not just health care organizations. It is not only educational institutions. We get a significant number of endorsements from the business community.” Some smokers Jefferson said they were tired of being an easy target, allowing the government to tell them when and where they can smoke and how much they pay in additional taxes. Smoker Lynn Ritter said: “I think it’s outrageous. I wish they would pick on someone else for our taxes.”

Smoke shop owner Jefferson City, said higher taxes on tobacco will not stop people from lighting. We Be smokin’owner Tommy Norman said: “When people are ready to quit, they do. You can not take a pill to stop smoking. You must do this in your mind.” Officials from the Office of the Secretary of State need to know if the supporters submitted enough signatures to qualify the measure for the November ballot sometime in August.

Illinois legislators have recently increased the tax on tobacco products on the dollar. This led to an increase in the national average tax on tobacco from $ 1.46 to $ 1.49. Missouri Association of School Boards reserve potential November ballot initiative asking the voters of Missouri to increase taxes on tobacco products for the benefit of the school.

The union voted Tuesday to support a plan that would raise the Missouri low-in-the-nation tax on cigarettes from 17 cents per pack to 90 cents starting in January. The state auditor’s office estimates the initiative will create between $ 283 million and $ 423 million a year. Fifty percent of the funds will go to the school districts, 30 percent with higher education and 20 percent effort to prevent people from tobacco use and help them to quit it.

Secretary of State office has not yet been determined if the supporters submitted enough signatures to qualify the measure for the ballot.

Maharashtra is connected to tobacco

GATS developed by Center for Disease Prevention and Control in Atlanta, by the way government showed that 31.4% of population from Maharashtra use tobacco.

Memorial Cancer Center that tobacco is the problem in many of disease and it represent the main economic interest for Atlanta. Accordic to WHO, one from three adults die in his 14-17 from tobacco problems, all these make Maharashtra to have illness due tobacco consumption. “Many of the patients, treatment costs, which can reach hundreds of thousands of rupees, you need to be borne by the Government.

State authorities; however, seems to be sluggish in the application of laws against tobacco. Anti-tobacco lobby was defeated on Suterday, when the government order to ensure food safety regulation and standards and the law banning the manufacture and sale of gutkha in the state died in the office of the proceedings.

What a pity that while the majority of tobacco users think of kicking butt, but very few actually do it. According to the survey, only 3.8% of daily adult smokers in Maharashtra have successfully given up the habit in the past 12 months. Although the number of those who have been able to quit smoking is lower, the number of adults who have already tried to stop tobacco use is slightly higher.

31.3% of smokers and tobacco chewers 30% tried to quit in the past 12 months. This is an extremely low figure, according to Dr. Prakash Gupta, director Healis Sekhsaria Institute of Public Health, due to lack of awareness about the dangers of smoking, and lack of anti-tobacco legislation in the state.

64.6% nee a doze of tobacco after an hour or two when they wake up that’s why the disease has become something normal in the state of Maharashtra. And according to WHO youth are leading to premature death of three adults from India. 8.5% of woman and 27.4% of men between 15 and 24years.

“Previously, it was impossible any younger than 35 head and neck contracts because of tobacco use. Now we get patients aged 22 to 24 years who were infected,” said Dr Pankaj Chaturvedi, head and neck surgeon at Tata Memorial Centre.

Ministry of Health is preparing a bill to sue Big Tobacco

Bill would seek to compensate for the Ministry of NIS 14 billion in costs incurred from treating smoking-related diseases.

Within one month, the Ministry of Health plans to release a government bill authorizing the health care system to sue the American, British, Japanese and Israeli companies to compensate tobacco he incurred on the treatment of smoking-related diseases. This can make NIS 14 billion in losses over the past seven years – the scheduled time for the civil suit statute of limitations.

Ministry Director General Prof. Roni Gamzu confirmed The Jerusalem Post; on Monday night that such a bill will be prepared for a month and submitted for approval by the Cabinet and the Knesset. Gamzu said Tuesday its interest in a position to sue the tobacco companies at a meeting of Committee of the Knesset Labor, Social Affairs and Health. “I am an enemy of all tobacco companies and all those who benefit economically from smoking,” he said. “I will not compromise on this issue.”

The economic costs of smoking in Israel are estimated to 8b of the CIS. per year, this figure includes the treatment of smokers and those who have suffered from second-hand smoke, hospitalization, disability, dedicated to the patient, reducing the income tax, because patients could no longer work, due to the reduced load a smoke, fire and more.

The Government will only accept 5b CIS. a year in tobacco taxes, according to senior officials of the Ministry of Health. The Ministry thus follows the example of Canada and several U.S. states that use the law to obtain compensation from the four large conglomerates of tobacco.

Following similar claims by the Canadian provinces such as British Columbia and Ontario, Quebec, last week filed a lawsuit against the tobacco companies for $ 60b. as compensation for medical care for patients with tobacco-related diseases.

The Canadian Supreme Court in 2005 in a historic 9-0 decision, that such legislation is justified and covered by the constitution. Fourteen years ago, 50 states reached a series of five settlements with the tobacco conglomerates that pay them for 25 years, a total of $ 246B.

In July last year the Supreme Court called for the urgent adoption of bylaws for the initiation of such actions, which will update NIS 7.6b. claim Clalit Health Services, the largest in the health insurance fund against tobacco companies. It will also allow other providers of medical follow their example.

In the 1990s, after the success in this area in the U.S., the lawyer Amos Hausner – who formulated much of the Israeli law on smoking – a claim put forward the idea of tobacco companies in Israel. Hausner was one of the lawyers for Clalit in the case.

Asked to comment, Hausner Gamzu congratulated for making policy. “The health system needs this compensation from tobacco companies, as air.

The Ministry is constantly says he does not have enough money to fund thousands of new beds. This will give the money. Residents of Minnesota, which has a much smaller population, receive $ 7b. -. While the Israeli health system gasps» The ministry said that last year 64 children were poisoned and in need of hospitalization, because they ingest cigarette butts that are thrown into the street.

When the acting chairman of the Knesset Orli Levy, Abecassis asked why municipal inspectors who do not hand out fines for violations are not prohibited by the laws are not penalized, Gamzu said that there is currently no legal penalty option of municipalities that do not enforce laws. By the way, Uncle K., the former mayor of Lod Maxim Levi, died suddenly of a heart attack attributed to his smoking.

Within two weeks, the new laws banning smoking in various public places, including bus stations and train platforms, to take effect. Gamzu said he will emphasize in public institutions, the state workers is strictly forbidden to smoke outdoors, and only a short distance from the entrance. He said that those who violate the law will be punished. Full function at a recent conference on tobacco or health will appear on Health on Sunday, June 24.

How Big Tobacco targets children

Tobacco companies have a big problem. Their products kill about 1,200 of its customers every day or about 440,000 people a year across the United States.With the exhaustion like that when they go to find a replacement for all those, the disappearance of smokers? Where do they go to work the legions of new users of tobacco? Parents beware: they go for our children.

Despite new laws and legal settlements, which restrict how tobacco companies can market their products, the industry spends more money than ever to encourage their children, and my thinking that tobaccos use is normal and acceptable part of growing up.Marketing of cigarettes and smokeless tobacco products now exceeds $ 10 billion a year – or about $ 1 million per hour – in accordance with the Federal Trade Commission. This is a 52-percent increase in spending, as in all branches of the legal settlement, imposed strict controls on tobacco promotion in 1998.

The report recently released by the U.S. health care, tobacco use among youth and adolescents concluded that scientific evidence is “consistent and consistently point to the deliberate marketing of tobacco products to young people as the cause of tobacco use by young people.”It makes sense for Big Tobacco to send their sales pitch in children. According to the chief doctor, hardly anyone came, on the subject of tobacco marketing after adolescence. Among adults who smoke daily, 88 percent started smoking before the age of 18 and 99 percent started before 26 years.

The sad result of the power industry marketing to children is a flattening of more than ten years of progress in reducing youth tobacco use began at the national level. Now, every day approximately 3,800 children in the United States smoke their first cigarette, according to the report of the chief physician. Nearly 25 percent of the national high school smoke, compared with about 20 percent of the adult population. At the same time, about 1 in 10 male high school students use smokeless tobacco, and 1 in 5 smokes a cigar, the report said.

Fortunately, the Marin County rates of smoking among young people is much lower and only about 5 percent of 12 – to 17-year-olds reported smoking cigarettes. You may wonder how the industry can spend so much money on marketing now. In the end, tobacco advertising is banned on television, radio and billboards, and it is much less common today in magazines and newspapers.

Long gone are the kid-friendly cartoons, like cigarettespub.biz/camel and lasting icons, like a man, Marlboro brand of cigarettes. So where does all the money spent? Short answer: It’s Time posted where it can reach their children in the smart way to encourage them to become new customers. Campaign for Tobacco-Free Kids, the advocacy group based in Washington, DC, cites four main strategies:

• Increased advertising and discounting of tobacco products in shops, places where two-thirds of teenagers have been known to visit at least once a week, candy, soft drinks and snacks after school. Many of these stores are plastered with famous images of tobacco and branding, inside and out. Tobacco companies often give discounts retailers are making their products more affordable for cash-strapped young consumers.

• Increased sales of smokeless tobacco, as well as the promotion of new smoke-free candies. Traditional chewing tobacco is being actively marketed in flavors such as cherry and apple trees, and new smokeless, that look like breath strips, mint chocolate or even a toothpick will become available. Some of these new products, while very addictive, dissolve, like candy and it is easy to hide in the school or at home.

• The spread of cheap, sweet scented miniature cigars. With colorful packaging and flavors such as chocolate, strawberries, peaches and grapes, industry circumvent the federal ban on candy flavored cigarettes, selling these products as “little cigars.” These issues are attractive to young customers.

• Increasing cigarette brands most popular among children. Knowing that more than 80 percent of adolescent smokers prefer the three popular brands in the industry recently rolled out a new cigarette product lines aimed at women and other target groups, using these familiar brands.

Even many of the new youth smokeless products have this baby attractive names and logos. Unfortunately, the tobacco industry proves once again that he decided to enslave the next generation of its toxic products. There is hope, however. Young people who do it in their teens and in their mid-20s without becoming addicted to cigarettes and other tobacco products will be lost forever, like Big Tobacco clients. If parents, teachers, health workers and other adults can work together to ensure that our young people who are vulnerable through age without tobacco is part of their lives, we can hasten the day when no one in Marin County kills more from tobacco-related causes.

Caution of tobacco tax in California

Over the past few years, in favor of higher taxes on the sin of trying to appease the Idaho Legislature increased the tax on cigarettes, arguing that such growth is wildly popular among the electorate. This is a trick that the American Cancer Society tried to legislative last winter.

Voters in California, of all places, rejected the proposal 29, which would raise the cigarette tax to the state of 115%. Slightly more than half of California voters oppose the idea, even if the tax increase by $ 1.87 per pack was exposed to the benefit of income that would funnel as much as $ 735 million cancer research, smoking cessation programs and law enforcement agencies.

The defeat is even more amazing when you consider the election in March, which showed that a qualified majority of California voters were willing to cast their “yes” vote for Prop 29.

Part of this stems from the fact that it is very easy to make a pro-tax increase poll, where voters are asked, “How would you like to raise taxes on the (insert name of someone else here) to solve the problems of this list?”

The result is almost amazing glowing. Most people do not smoke, so a tax increase, which appears to me the benefit at the expense of everyone else, seems to be easy to win.

But Californians were some clarity of mind on the subject: Yes, a tax increase will cause a lot of money but the money just to find its way into one or more government bureaucracy.

Cancer research is enormous, with the federal government spending as much as $ 6 billion a year on such programs. Smoking cessation programs already in place, with millions going to them.

And smokers are smart. Did not they just go somewhere to smoke, where taxes are lower or nonexistent? They are, and what they do.

And really, what is the promise of barrels of money to service a wide range of good deeds? Mostly smoke, as evidenced by recent research on the subject.

In 2009 the federal government increased excise taxes on smoking in order to finance the expansion of State Children’s Health Insurance Program. But the responsibility of the U.S. government has shown that raising taxes does not give the money was to be expected. This means that the costs of such programs are transferred to other taxpayers.

In case the federal government budget deficit would balloon, the shift to the children and grandchildren of the taxpayers.

Here in Idaho, even politicians who favor higher taxes on tobacco products, face the same questions California voters staged, and very few answers.

The main reason for any tax on income is for certain public purposes. Proponents of higher taxes on cigarettes just can not give a good story that additional funds will be used. Each person knows that the money will be used for government growing and nobody can guarantee that the revenues derived from tax increase that can lead and actually maintaining tax bureaucracy.

Even worse is that the tax will lead to fewer jobs, and Idaho, there is little effect of consumption of smokers are finding ways to avoid higher tax rates. California voters have realized this, and the vote should make Idaho lawmakers want to run as far as possible from the tobacco tax increase.