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Headlines Tagged with Tax 25,535 headlines found


Potential drop in corporate tax rate may be obstacle to Reynolds-BAT deal

If the Trump administration and a Republican-controlled Congress agree on a 15 percent corporate tax rate, BAT could be required to raise its $47 billion offer by several billion dollars. However, it could be several months before there is clarity on ho
Winston-Salem (NC) Journal
added Jan 12, 2017 15:30

[California] Medical Associations Disappointed In New Tobacco Tax Money Spending Plan

California’s top medical and dental associations say they’re disappointed in Governor Jerry Brown’s plans for how to spend new state tobacco tax money. Francisco Silva of the California Medical Association says his group backed Proposition 56, in part,
Capital Public Radio (Sacramento, CA)
added Jan 12, 2017 14:56

Right-wing think tanks say Minnesota's addicted to smuggling cigarettes

Center of the American Experiment, the right-wing think tank based in Golden Valley. A recent report titled "Minnesota's leading public policy organization" blames the state's high tobacco taxes for what's described as a booming illegal cigarette trade.
City Pages
added Jan 11, 2017 21:05

California Only State To Approve Higher Tobacco Taxes On Election Day

KPBS TV/FM (San Diego, CA)
added Jan 11, 2017 21:03

A Trump Tax Cut Could Add $8.2 Billion to Reynolds Price Tag

The president-elect and the Republican-controlled Congress want to slash the 35 percent tax rate for U.S. corporations. Trump wants to cut the rate to 15 percent, while House Republicans are seeking 20 percent. For Winston-Salem, North Carolina-based Re
Bloomberg News
added Jan 11, 2017 14:08

Poorer countries fail to act on smoking due to big tobacco threats, says WHO

Many low- and middle-income countries are too scared by the threats and misinformation of big tobacco to raise the price of cigarettes, even though it would hugely benefit both health and the economy, according to a major new report.
The Guardian (uk)
added Jan 11, 2017 13:07

[Africa, Nigeria] ERA Calls on FG to Impose 150% Special Levy on Tobacco Products

The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN), has urged the federal government to as a matter of necessity immediately impose a minimum of 150 per cent special levies on all tobacco products. The group said it was a means of ra
This Day (ng)
added Jan 11, 2017 12:38

Cigarette Taxes and Smuggling: A 2016 Update (PDF)

hiking cigarette taxes can encourage illegal casual smuggling, raise the profit motive for professional criminals to engage in commercial smuggling, create new law enforcement and court costs and introduce new violence on the public as criminals fight ove
Mackinac Center for Public Policy
added Jan 10, 2017 21:58

Cigarette Taxes and Smuggling: A 2016 Update

Our research, and that of other scholars too, suggests that smuggling is a rampant problem, particularly in states with high cigarette excise taxes. Unintended and unforeseen consequences are a frequent problem in public policy. Few politicians realize
Mackinac Center for Public Policy
added Jan 10, 2017 21:20

Tobacco Company Cash Crushes Tax Increases

Voters in three of four states rejected tobacco tax hikes that were on the November ballot, swayed by a general anti-tax mood but also by the tens of millions of dollars tobacco companies spent to influence the outcome. Between 1980 and 2015, voters app
Pew Center on the States &
added Jan 9, 2017 22:32
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