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Philip Morris

U.S. Tobacco Income Put at $1.3 Billion

Date: 19620617/P
Length: 1 page
1003537732
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NEWS, NEWSPAPER ARTICLE
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1003537539/1003537961/620000 TI and TIRC Editorial Comments Informational Memorandum Releases
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R22
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JOHN-WARE,JUDY/SHB FILE ROOM
Characteristic
EXTR, EXTRA
MARG, MARGINALIA
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Stmn/Produced
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Ap
Atlanta Journal Constitution
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1003537539/7961

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Stmn/R1-037
Date Loaded
24 May 1999
UCSF Legacy ID
ztb91a00

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Page 1: ztb91a00
13 BiIlim. • WASFiING'pON, Jttne 16 ld1 - .'11ie tobacco industry says tim: ncome Pot same t900,aW farm families in 21 '- states grow tobaceo: with ao an- nual reietum of atbut' $1.3 billion. In a summation of the im- portJznce of, tobacco ~ itt the ooun• ttry;.ttie industry satd:, -- An estimated 70 millioa Atner- nns bougltt' more than 506 ' biS- n lion i cigarettes, 7.'11 billion cigars. ,75 million pounds of satokYm tbbacco; 65 tnillioID pounds o! chewing tobacco and 34 million pottnds ot muff in 1BSL . ... SOME 14' MIIZION Americans :depend on tob'aeco for all or par dt tbeir, liVelihood. Last year ex- ~ of finished product= MdlkmL teading', tobacco states a-e. Norili Carolina, Kentuclo, Vi:- gjniaj , South, Carolina, Gecrgjr,. and Tennessee. Although thought 'ot as a soutLern crop.,tobac+co i* grown in sucti states as Peul: aylvania;, Conneeticut' and Hli,- -: eonsin: ~ . . hYore than, 600 factordes in 3r atates manufacture tobaao prod- tlOts.. • .. , , 11ie 390ih anniver-aryot lh'r. -__tpL&CCp, industry, to the United States is being observed,t'sis year. T SALES MANAGEVM New York, New York May 4, 1962 - Sam Loves That 'Butt' Tax Washington, D. C.'-Beca»se we adore smoke in ourlmtgs,,living roams and eyes, Uncle Sammy picked , up a fat =3.1i billion, in cigarette taxes last - year, Matching this to our space push, Tobaceo News revealed that this sum could easily cover the U.S. space agency's fiscal 19;83 program ($2.98 billion) with enough dollars left over to buy 40 Atlas missiles. Or, in mundane but equally ex- pensive terms, the butt" tax could battltroll,the'®9 operations of six key Government operations-Commeree;. Labor, Post (318ce, , State, the Federal Aviation and, the General Services administrations. In this contezt„it's a simple matter to draw an alarming parallel between smoking cigarettes and'onela duty to the flag. 0 36 3 ri ;-j ~.3~ ~ ~ ZNDUSTRIA'L RETAIL SDORFS' Washington, D.C. Juue, 1962 $3a11 Billion In Taxes Paid By, Cigarette Smokers CIK;.'+Itl{TTI{ smrokcrs of'the USA paiil enough cii;arrtte taxes last y'ear to pny fbr the U. S, space ag•ency's fiscal 1963 prugrtnt, with fund>; left tn buy, 340 Atlas mii;siles:, wr vty- Tabacco :1'c•ras publishedby the Tirbac- ~ cu Ihstitute. lau. . Cigarette taxe- brought in alKntt ,C3.1 billion last', year• to all' levels of Government-feJcral• state and Irxial. The 1963 bbudget nf the National lAern- nautics & Space Administration is $2.9(i billiron. I'uttini; it' another W'ay. the annual cigarette tax collecliuttn wrntW provide enough'i tnnney to pay for the 1963 operations of' six key goventntent'departments:. Contmerce,. Iabor, Pbst Office, State, Federal Ao'i- 'atinn Agency and (aeuerai Services Adininisttatiun. On the average, taxes account for half of the price of every lxtck of ' cigarettes sold, says the publication: Tubaceo is the most heav,ily taxed of. all agricultural pruducts, according to- the Tobaecn Institute, linc. WASHINCT©N.-U.3. StnAk= et•apald 'eno:igh;' sn, 'cigarette 'taxeslast 'y~eer Ao pay' for.~the _ U.S.: apace.agenay's tlseab 1963• :ar•otlraaa.with fundit left to b.yY 3`obacco \e,v~s: pubuahed..by ',The Tobacco tnetltute Tnc., 'saldf tt 1 g a YMtk 'tsxes Ihat year broughr in a'bout 63.1- billion .to ; all le<xlr of - government in ~fte,.LT:S.c --:. fedet'al. state and' local. 11he .1963 .budget, of' tbe. Natlbnal"Aiei~oaautics and 8pace Adrninisaatiod is -i2!9e billion. `Ptittdnf 'lt'another way. the annVal cigarette ~'tax7'eoltection would prpvide enough money, te ,Psy for,, the. 1833'•OJxrations. pf six - key gpt•ernment: depart- ments: ComMeSre. 2aborc! Post Offitte:8tate. the^Federal'Awie- tlon -•Agency and`: the (leneral l3ervicea. Administratlop.. uyy leun, Tobacco Or, the aqme ~ones•': u~o:ild bur these Items;,'m -2; Palai•li' submatines. • -L~About'-80 pereentt of a!t - missiles . to ~ be built. thisfiscal }1ear: -Onec half of -the. LC.S. miii- 'id'ry aircrrEft.t scheduled for 1fl68' -155.000 netc 320.000 homes. . "Oa Yh*e average. taxes ac- codht for half the price of ev~er}•park. ot' cigarettes sqld„ 3ap•:r the publication.. '1TOba_co Is the ! mooG heakili` taxed of allagr?- ' cultural~ products. . - - 'The' first' cfgarette 'tax` Wa'a W.ied , to help f inance -the Civil R'ar. Thee last U.S: boost:.. toti eonts_a package. was for the Koread' War: but tt h.a>• been fn,effect ever str.ce: Waehingtwny D.C. May, 1962 Some Tobacco Bites Twice Sixteen ~ states have raised i cazes on cigarettes since Jime , 30, 1960, reports T'obrrco Ntwt Only two states-Miehi- gan and Kentucky--cur them. Srarc taxes on cigarettes now averag. 5 cents a paek, while the federal tax, adds 8 cents more a pack. Somr local governments also impose a tax on cisp- rettes. The cigarette taxes add up io more,than,s47 a year for the pack-a-day smoker, according to Tobaccm Twr Council figures i

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