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Philip Morris

U.S. Smokers' $3.100m. Tax Bill

Date: 11 Apr 1962
Length: 1 page
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Type
NEWS, NEWSPAPER ARTICLE
PUBL, OTHER PUBLICATION
Area
BOWLING,JAMES/CARLSTADT
Named Organization
TI, Tobacco Inst
Tobacco News
Request
Stmn/R1-004
Stmn/R1-133
Master ID
1003044393/4450

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Litigation
Stmn/Produced
Author (Organization)
London Financial Times
Site
N7
Date Loaded
05 Jun 1998
UCSF Legacy ID
fwk94e00

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Page 1: fwk94e00
The Totacco News story on cigarette taxes was reported by both Associated~Press ., ,`~ and United Press International news services aS poted in a wide range of newspape ~. ~ '] PITTSBU RGH U RGH PRESS~ ~ ~ %V" Pittsburgh, Pennsyl<ania C C April 8, 1962 Today's Trends TIMES ~~ St. PetersLurgh, Fla. Cigaret, Tax Larger Than Space Budget ment. This apecial~ smoker's tax last year brought about 3.1 billlbn dollars tol Smokers' Levy Would Finance NASA Needs And Buy 40 Missiles Besides B7 W. L RUSSELL, Press Business Editor The average smoker who pays hii clgareb taxes In dribbles probably never adds up his contribution through this channel to various levels of govelzt- Federtcl, state and local gov ernments- That Is more than the Na. tlenal Aviation and Space Agency needs for its fisoal 1963 apace program. In fact, you could buy 4U AUas mis- stlea with the money left'over: With the aame money, the U. S. could cover the 1963 operations of slx big depart- me2lts - Commerce, Labor, Post Offlce, State Department, Federel'~ Aviation Agencyy and the General Services Admin. Istration- . The tax money from cig.- trobrW also would 1lnancee the bealeh and hoapltal pro- Srams of every state In the tanlon for a yev,. wtthh anea=h le[t to build 600h'or p1lliala at one miluar douar, ..ch. Or you could bulld 155,000 new houses for $20,000 eadt- * • • 1M 5Dq4AkA.1'S t~ IIERAi.D ERAT•tiNER L rs ALgCleB, Ca1if- Apri1 23, 1962 C d1YIOBE THAT CIGARET WABHIIIGTON IUPi}- U.8 amokere paid enough in ciga ret taxes last year to meet the cost of the U.S. Space Agen cy's fiscal 1963 prom-_m, witri enough funds left over to buy 40 Atlas missiles,tht Tobacco Ir=te estimates: " In April 4, 1962 Smokers' Taxes Cover Space Agency Budget NEW YORK 64l - Taxes paid last year by U.S, smokers would more than cover the 1963 budget of tho U.S. space agency, a to- baceu industry organVzation esti- mated yesterday. Cigarette daxes in196~1 amount- ed to about $3.1 billion at: local, state and federall government' levels„ according to the Tobacco Institute, Inc•, ~ The institute is an organiza- tion representing mmst of the major cigarette and tobacco manufasthrers- The 1963 budget of the Na- 'tional'. Aeronautics. and Space Ad- mibistration . is $2.96 billian,. The institute noted this means taxes paid by smokers would also buy 4o Atlas missiles in addition to IEb3ip&lyydsc covering.the NASAprogram:, The institute said that putting It another way, annual cigarette tax' collections would cover the eosts, of six key government: de- partments in 1983: Cotnmerce,.. Labor, Post OfGce, State, Fed: eral Aviation Agency and. Gen, eral Services AdminVsttation•. /na ~ TRIBUNE Chicago,, I1Lir.oisyy, April 4, 1962' Cigaret Taxes Could Pay for NASA Budget New York. Apr11 1 I,f--- Tszes paid last year by American smokers would more than cover the 1963 budget of the United States space agency, a tobacco in- dustry organization e.ti- mated today. Cigaret t.:es In 1961 amounted to about' 3 billion 100 million dollanat local, state, sad federal govern- ment levels, according to the. T2.4ycg,Q Institute, Ioc. The institute is an orgao- Izaliog representing most of the major cigaret and tobac- co manufacturers. The 1963' budget of the Na- tfonalAeronautfes and Space administration ls 2 billion 960 million dbllars. The insti- tate noted this means taxes paid by smokers also would buy 40 Atlas missiles in ad- 'dilion to covering the NASA program. C'$IEF'rAN "'N~_ Pueblo, Colorad~y Ivz~w' I0rtfc wORllD TELECRt1M New York, New York April 3, 1962' Taxes ontigauets Exceed Space Costs saer~•t to trArta-T~rrc.am a.ds,.:, W.ASHJNCTO'i. Aprd.?: - C.S. smokerspaid rnough in r•igarct taxes lasli vearr to pay forthe U.S. spa,e.a'-onct's)is- r•at 19GJptortam, "itiii fundi Ielt In huy. IU. Atlas mtssile,, ahrovding to~ Tobacco Netl*.c, publl,hv.l byv the Tobacco in- stitutc tnc. Cigarel taxes last year brought in about'53.1 billion to all IeveLc.of gocernment in the U.S. - fideraliatate and local. The 19fi3tiudgcti of' tlie N..a t i on a l Aeronauticss and Spare Administration fs $1.N billion. Puttm; it a.nothrr~ xsar, t,4eannual rc,arvtt tax.x t•oHechian scoultt ptasideenuugh man^r.o lopa~fon the 1963 npc•rauons of .ia kc}•..gosernment dhpaiEments:.Commcrre, Labor.Pn_t (]ftice: titate, the FMlbt'al alia, lion Agency and nce t:enetaL Strrvion. .tdmim.,tration,, saa. Tohacco New~. April 4, 1962 4J Cigarette Taxes Top Space Budget WASFQNGTON', /UPiI - L'.S. sreokers paid enough im ci arettc taxes last year to ~ meet t;te . cost, of the U.S. Spacs Agency's fiscnl'. 1963.program, witt.euau_h fundss lef' t: over to buy 40 hlfc nus.i!es.. FINANCIAL TI1ES London, England April 11, 1962 ~ 11 U.S. SAWKEIRS' 073,100*.t. Ta : B:LL The U.S. has collectedmore than enouch im, cigarette taxes,tos pay tbn itsspaceprogramnte fbrr the nezt tinaneial year; thu-trade paper Ilobacco Newsreporls ftom~ Washington,. The papcr. pablkhcdd byy the Tobacco. lnatitum, reported that - cig,trettee taaes, last year produced 53.InOrn:(aliouuEi,t06bm.)in Feddral, State and IocaL governmenl levies- €rtims.ted cost o6ehe spacr pro,, gramme in tha. 1963 fifinancial yearr is. 52.960m., or about £I.oSS:7m. Tobareogrowing, whicL' requiredd more lah'ourper acrc than eng, other agricullural crop. supported ao indu~s: try worth f7.SObm. a year, Il.e report saidJ and about 4g'per «nt. 06thcprica of one.packer of 20-iaa.rettes wars raised through Govcrnmert Icvic, and sales.cua: t Is

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