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Philip Morris

24 States Allow Deduction for Tobacco Taxes

Date: 19620328/P
Length: 1 page
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NEWS, NEWSPAPER ARTICLE
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MARG, MARGINALIA
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1003537539/1003537961/620000 TI and TIRC Editorial Comments Informational Memorandum Releases
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R22
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1003537539/7961

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News
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TI, Tobacco Inst
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Stmn/R1-037
Litigation
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24 May 1999
UCSF Legacy ID
clb91a00

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Page 1: clb91a00
c NEWS Buffalo, New York March 28', 1962 24 STATfS' ALLC DEDUCTION FOR TOBACCG T A X ES. NEW YORK, March ZB;-Sercni more states changed' their laws lastt year to make state taxes on ~' cigarettes and other tobacco praducts deductible from gross income on federal income-tax returns. Such deductions are now al- lowed lowed in 24 of the 47 states that impose tobacco taxes, the Tobac- co Institute reports. The =ceV a-pack federal tobacco tax is not deductible. The state taxes•ranpe from 2 to 8 cents a pack. The states 'where the state taxes may be deducted are: Alabama, Calii- fornia, Connecticut, F t o r i d a.. Maine, Massachusetts, Minnc= snta• Mississippi, Missouri. Nebraskal Nevada, New Jier sev, New Hampshire, New York; Ohin, Oklahoma, Pennsylvaniar Rhode Islandi South Dakota: Tennessee, Texas, Vermont. V4est Virginia and Wyoming,r. T1MES' FtECORDER Z,anesville, Ohio April 1, 1962 Tobac o, Tax ved1lCtible NEW YOIiK•-Seven more statos ~"chan8ed their laws 1'ast, year to T~--,;make State taxes on cigareltes and other tobacco products dc- ~" ductible from gross income on `': federal income-tax returns. Such ~ deductions are now allowed in 21 of the 47 states that impose to- IY\ baceo taxes, the Tobacco Institutc l reports. The 8.cent-a-p k federal V)tobacco tax is nof deductible. m The State taxes range from 2'tn. 'Q 8 cents a pack. Here are the states Q where the State taxes may be de, ~ ducted: Alabama, California, Con, necticut, Florida, Maine, Massa- chusetts„ Minnesota, Mississippi, Missouri, Nebraska, Nevada, New York, Ohio, Oklahoma, Pennsyl+ vaniai Rhode Island, South Dako-. ta, Tennessee,. Texas, Venmont. West Vii-2inia_ andl 11:rnminT: BANNER Nashville, March 27, Tenn. 1962 JOURNAL ^ Shreveport, I,a'. ~' March 15, 1962 IIn 1880's Smoking Daring, For Woaneu. VlVasriln tnn-By the end' of t91e 1&SO's snloking a cig3rette in pub- . O lic was ~tilll an act of daring for a woman Mrs. Grover Cleveland 4;~) wsr on(or' the daring, ones. Slla ~ Glll rl•d 1 r;arettes to her womrn. ul <h at the K?hite ouse,as carly 111.4 1b_J. _.13 . ~ Rateiigh Tlauight ladliies. ~ Of Court to Smoke ~ LONDON-Queen Elizaheth I let. W ~ Sir Walter Raleigh teach the ladies. Pn of her court to smoke. She tried! a pipe herself, bute becarne dizzy,- ~ ' Ral.eigh's enemies whispered that ~ he must have poisoned her. She .recovered quicklyy andi the custom., of sttaoking, soon spread among~~, womeu' - in, jEngland. Ia6 3sJ.7641 f JOURNAL Shreveport, L,a. March 28', 1962 .-- 241 States' Tobacco Tax Is Deductible. NEW Yo1L'K-Seven more states changed their laws last year to make state taxes on cigarettes and other tobacco products deductible from gross income on, federall in- come-tax returns. Such deductions Ithe Tobacco Institute reports. The 8-cetlt:v -Faeir federal tobacco tax is not deductible. The state taxes range from, 2 to 8' cents a pack. Here are the states where the state taxes may tie deducted: Alabama„ California, Connecticut, Florida, Maine, Mas, sachusetts, Minnesota, Mississippi,. Missouri, Iileebraska, Nevada, New Jersey, New Hhampshire, New York, Ohio, Oklahoma, Pennsyl- are now allowedl in 24 of, the 47I vania, Rhode Islandi South Da- states that impose tobacco taxes, I•kota, Tennessee, Texas, Verrrtonti r West Virginia, and Wyoming. STATE JOURNAL Lansing, Michigan March 4,, 1962' ' ' : 7 hlare States Make Tobacco D T ibZ d e ax uet e NEfiV'YORK-Seven morostates ' ° ~ changed their laws last yeartor _~ make state taxes on cigaretes andl ~. other tobacco productsi dedMlble' ; \,i from gross; income on, federal in- {.VIi11CLC.\1lRU1l1A. JUIU Ul.1Ul"VIVIIA. ~~ are now allowed in 24 of'the 47 f1~ ~] ,, states that impose tobacca taxMes. ~ the tobacco institute reports. The )VI 8-cent-a pack federal tobacco tax i n tible t d d s a e uc . ing. sylvania, RhodeIsland,, Soi Dakota. Tennessee• Texas, Ver- mont, West Virginia, and W)•om- The slates taxes range from 2' - to 8 cents a pack. Here are the states where the state taxes may, tbe deducted: Alabama, California. Connecticut. Florida. M a i n e, M.assachttsetts: Minnesota; Missis- sippi. Nlissouri, Idebrasl:a, I1Tvca- da, New Jerxey, New Hampshire. New York, Ohio, Oklahoma, I'enmr ~ ~ TIr4ES ~ El Paso, Texas \S~March 25, 1962 ~ 1tzilci0 ls TaLight ; ~ Ladies To Smoke ~ ~ London.-Queen E6zabeth I' let O Sir Walter Raleigh teach the ~ ladies of her court to smoke. She tried a pipe herself, but became dizzy; Raleigh',s enemies whispered that' he must have poisoned her. She recovered quickly and the custom oi k- ; ir.R soon spread among women ` ` u i Englandi SouTH Birmingham, Alabama February 19, 1962 Taxes: . 1•i April Aid p ALL the ntnnaw spent on cigarets (and somc ~ I other tobacco itews) d«•.sn.t go up in sinral:e. UZ' W, In 24 of the 47 states currently levying taxes on c•il; arc•tk thc entire state tax is an allcrw= . •iblu fadcrallincouic hin return deduction. To- ~~ bacco News passes along that hint to tax 1r'1 sufferers with the added report that state ~ ~ tobacco taxes haxe incrcascd! 50, per cent sinc•c 1'9i9: Sbuthcrn, st ites qualifying for the feder.tll ~; return dcductirni next Aprill are Alahama. Florida, Mississippi andlTenncssetr. Whethcr hw:el government tobacco taxes are deducti- hli' dcpcnds upon wording nf local L•iws.

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