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State and Local Strategies of the Tobacco Industry

Illinois Tax Increase

Date: 18 Nov 1985
Length: 1 page
2045323072
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Abstract

Memo announcing a tax increase in Illinois. Notes that "cigarettes distributed to Chicago now carry the highest cigarette tax in the country." Explains that "we are currently exploring the effect of the increase on the price of Players Lights 25's in Chicago." Remarks that "a price adjustment will be necessary." Includes illegible handwritten note.

Fields

Author
Brockenbrough, J
Copied
Weinstein, B
Alter, S
Atlas, R
Breedlove, D
Bruno, D
Campbell, W
Gillis, J
Glennie, L
Long, H
McQuigg, E
Merlo, Ellen (PM Corp. Affairs VP)
Marketing Services prior to 1986. Understood use of nicotine addiction in selling PM products.
Mikulay, R
Murphy, M
Nelson, D
Pearce, W
Riegel, D
Sledge, G
Smith, D
Spector, J
Region
Illnois
Recipient
Buccellato, V
Subject
Economic Impact of Regulations
legislation
Local Level
pricing
State Level
Taxes
Cigarettes

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Page 1: nhh03e00
PHILIP MORRIS, U.S.A. INTEROFFICE CORRESPONDENCE 120 PARK AVENUE, NEW YORK, N.Y. 10017 TO: Mr. V. J. Buccellato DATE: November 18, 1985 FROM: J. Mercer Brockenbrough SUBJECT: Illinois Tax Increase Effective December 1, 1985 the Illinois cigarette tax will increase 8~ from 12~ to 20~ (20 cigarette rate). This increase will occur regardless of any Federal action. In addition, the sales tax base will now include state and local cigarette taxes (prior to this law it was applied to the price of the merchandise excluding the cigarette taxes). No provision has been made for floor stocks tax. As you know, cigarettes distributed in Chicago now carry the highest cigarette tax in the country. This increase brings the total of Chicago's state and local cigarette taxes to 43~ per pack of 20 cigarettes (20~ - state, 8~ - Cook County, 15~ - Chicago). We are currently exploring the effect of this increase on the price of Players Lights 25's in Chicago. It appears that a price adjustment will be necessary. ne cc: S. Alter R. D. D. W. J. L. H. E. E. R. M. D. W. D. G. J. D. B. Atlas Breedlove Bruno Campbell Gillis Glennie Long McQuigg Merlo Mikulay Murphy Nelson Pearce Riegel Sledge Spector Smith Weinstein

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