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Philip Morris

Cigarette Taxes Top Space Budget

Date: 04 Apr 1962
Length: 1 page
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Type
NEWS, NEWSPAPER ARTICLE
PUBL, OTHER PUBLICATION
Area
BOWLING,JAMES/CARLSTADT
Named Organization
US Space Agency
Request
Stmn/R1-004
Stmn/R1-133
Master ID
1003044393/4450

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Litigation
Stmn/Produced
Author (Organization)
Co Chieftan
Site
N7
Date Loaded
05 Jun 1998
UCSF Legacy ID
dwk94e00

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Page 1: dwk94e00
The Totacco News story on cigarette taxes was reported by both Associated~Press and United Press PITTSBURGH PRESS International news services andAoted in a wide range of newspapers. I dS Pittsburgh, Pennsyl•<ania C C April 8; 1962 Today's Trends ~~y' TIMES ~~ St. PetersLurgh, Fla. Cigaret, Tax Larger Than Space Budget ment. This special~ smoker's tax about 3.1 billlon dollars tot Smokers' Levy Would Finance NASA Needs And Buy 40 Missiles Besides BY W. L RUSSELL, Press Business Editor The average smoker who pays his cigareb, taxes In dribbles probably never adds up his contribution through this channel to various levels of govern- Federal, state and local gov- ernrnents- . That Is more than the Na. tional Aviation and Space Agency needs for its fisoal 1963 space program. In~ fact, you could buy 40~Atlas mis- silea with the money leftover: With the same money, the U. S. could cover the 1963 operations of six big depart- me2lts - Commerce, Labor, Post Offf@e, State Department, Federel'~ Aviation Agency and the General Services Admin- tstratton. . The tax money from ciga- treto also would Snance the bealth and hospital pro- Srams of every state in the unlon for a year, wtth snea=h le[t to build trllOh'or pllliafa at one minlorr dollars each. Or you could build 155,000 new houses for $20,000 eactl- • • • 1~50~AtA.15 E. C HERALD EXA1.t1NER L-rs ALgCles, Ca1i'f Apri 1 23, 1962 91YIOBE THAT CIGARET WABH]INGTON (UPI}- US amokere paid enough in ciga ret taxes last year to meet the cost of the U.S. Space Agen t:y's fiscal 1963 prom-_m, with enough funds left over to buy 40 At19s missiles, the Tobacco Ir=te estimates: " " last year brought In IEb3ip~lyydsc April 4, 1962 Smokers' Taxes Cover Space Agency Budget NEWYORK 441 - Taxes paid last year by U.S, smokers would more than cover the 1963 budget of the U.S. space agency, a to- baceu industry organdzation esti- mated yesterday. Cigarette daxes in196d amount- ed to about $3.1 billion at' local, state and federall government levels„ according to the Tobacco Institute, Inc. 'tional' Aeronautics and Space Ad- mibistration is $2.96 billion. The iastitute noted this means taxes paid by smokers would also buy 40 Atlas missiles in addition to The institute is an organiza- tion representing most of the major, cigarette and tobacco manufacturers. The 1963 b u d g e t of the Na- coveringthe NASAprogram: The ibstitute said that putting It another way, annual cigarette tax collections would cover the eosts of six key government: de- partments in 1963: Commerce, Labor, Post Office, State, Fed: eral Aviation Agency and Gen, eral Services Administtation. /na TRIBUNE Chicago,,IlLino syy April 4, 1962' Cigaret Taxes Could Pay for NASA Budget New York. Aprfl 1 (P--- Tszes paid last year by American smokers would more than cover the 1963 budget of the United States space agency, a tobacco in- dustry organization e.ti- mated today. Cigaret ta:es In 1961 amounted to about 3 billion 100 million dollanat local, state, and federal govern- ment levels, according to the 12.4ygg,Q Institute, Inc. The institute is an orgao- Izaliog representing most of the major cigaret and tobac- co manufacturers. The 1963 budget of the Na- tfonalAeronauties and Space administration Is 2 billion 960 million dbllars. The insti- late noted this means taxes paid by smokers also would buy 40 Atlas missiles in ad- 'dflion to covering the NASA program. CHIEFTAN o/ 61 1 ~y~ P 1vz~w' 10ruc wORllD TELECRt1N1 New York, New York April 3, 1962 Taxes ontigauets Exceed Space Costs sate,a totrA.ra-T~rra.v ma.a s.- WASHINGTO'i. Apttl'3: - U.S. smokerspatd enough in oigarct taxes laslivearto pay for the C.S. space a'-enct's)is- r•al 196:1portam, tvitiii ftuldl Ielt In huy 11) Atlas mtssiles, ahrovdingto~ Tobacco Ne%l*c, publl,hv.i bv the Tobacco in- stilutc Inc, Cigarel taxxs last year brought in about53.1 billion to all leveLcof gqcermment in the U.S. - foderalistate and local. The I9fi3tiudgcti of tlie Na t i on a l Aeronautics atvd Space Admutistration is $2.36billion. Puttm; it anothrr uar, t,4eannual rt,arvt tax rolirrhon scoultf ptatideenuugh mnn^r Inpa~fon. the 1963 npc-rauons of .ia kc}•gosernment dhpait-ments: Commcrre, Labor. Pn_t (]ftice: titate, the FMlbt'al alta,tion Agenrv and the t:enclal, Strrvicn. ,tdmim,tration, satis Tobacco New~. u e o, Co ora o ~ April 4, 1962 Cigarette Taxes Top Space Budget WASFQNGTON', tUPil - U.S. arnokers paid enough in ci arettc taxes last year to ~ meet the cost, of the U.S. Spacs Agency~s fiscal'. 1963. program, with euou_h funds leff: over to buy 40 1lfr ntis.i!es FINANCIAL, TIIES leek 0 O O ~ Cl London, England April 11, 1962 U.S. S3WKEIRS' 073,100*.t. TAX B:LL The U.S. has eollectedmore than enouch im cigarette taxesto pay for, itsspaceprogramnte for the next tinaneial year; thatrade paper Ilobacco Newsrcporl3 ftom~ Washington, The paper. pablkhcd by the Tobacco lnstitum, reported that cig,rrette taaes, last year produced 53.I00m: (aliout~El,106.6m.)in Feddral, State and local, governmenl leviev. €rtimsted coat of the space pro-, granwne in the 1963 financial yearis. 52.960m., or about £1.053:7m. Tobaccogrowing, whicb' required more lah'ourper acrc than any olher agricultural crop. supported an indus try worth 57.SOOmi a year, It., report saidJ and about 48 'per cent o6thcprice of onepacker of ZO-raaretlCs was•. raised th'rough Govcrnmert Icvlc, and salestua: t Is

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