Jump to:

Philip Morris

Tax Factoids

Date: 1995 (est.)
Length: 1 page
2070385339
Jump To Images
spider_pm 2070385339

Document Images

Text Control

Highlight Text:

OCR Text Alignment:

Image Control

Image Rotation:

Image Size:

Page 1: xvd32c00 Log in for more options!
Tax , Federal and state taxes generated from the re-spending of wages earned by tobacco industry employees in 1994 raised $15 billion. This is more than the entire NASA budget in FY1994. In 1994, the United States federal government raised $22.7 billion either directly or indirectly through the tobacco industry. This is nearly 90 percent of the total budget for the entire food stamp program for the United States in FY1994. In 1994, all state and local governments raised $13 billion either directly or indirectly through the tobacco industry. This is more than all of the state and local governments spent on recreational and cultural activities, twice as much as they spent on sanitation, and twice as much as they spent on economic development in FY1993. During 1995, Philip Morris alone generated $9.3 billion in federal and state taxes. This is larger than the entire budgets of Oklahoma, Connecticut, Washington, Minnesota and Michigan in FY1995.

Text Control

Highlight Text:

OCR Text Alignment:

Image Control

Image Rotation:

Image Size: