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EU crackdown on tobacco does not reach a simple package

With menthol cigarettes to be banned and cigarette packs sold with a repulsive image of rotting lungs, the European Union has launched a new anti-smoking proposals on Wednesday, the first in a decade.
“Tobacco kills half of its users and is highly addictive,” said EU Health Commissioner Tonio Borg, himself a former smoker. “We do not prohibit smoking; we strive to make it less attractive.
Almost 700,000 Europeans die from tobacco-related diseases each year, equal to the population of Frankfurt and Palermo, and Borg hopes to reduce by 27 per cent block of smokers by two percentage points over five years. Read more

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Are these four Yield Tobacco Stocks “Dividend Safe?

December 18th, 2012 Posted in Tobacco industry, Tobacco news Tags: ,

Today I would like to look at dividend stocks of the four tobaccos. This article will help you assess whether or not the company can maintain profitability, they are there, and in addition, whether they will be able to increase dividends in the future. When looking at the dividends of the company, I believe free cash flow is a good indicator of their ability to pay dividends, as it shows how much free cash flow of the company should be able to pay dividends to shareholders. Read more

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Congress bicam OKs sin tax bill

December 11th, 2012 Posted in Cigars, Tobacco news Tags: ,

Representatives of both houses of Congress on Monday to reconcile conflicts between the proposed measures seek to increase excise taxes on tobacco and alcohol products, particularly in the distribution of income from the expected additional income.
Talking to journalists, Senator Franklin Drilon, sponsor of the bill, said the committee report will be signed and submitted for ratification by the Senate and House of Representatives on Tuesday. Read more

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5 Lies tobacco companies legally to take

December 7th, 2012 Posted in Tobacco news Tags:

Cigarette companies, aware of the health consequences, to make their products as addictive as possible, and lied about it. They did it consciously and deliberately.
Ho hum, do you think? We already know what it is? It may be, but the company has not admitted it.
A little background: In 1999, the federal government sued the tobacco companies for a wide range of dastardly deeds. I was clerk to Judge Kessler at the time (my data is not shared with her and are not associated with it in any case) and had the pleasure to look over the first 13 years of the value of notes, certificates and other documents uploaded on courtroom. Read more

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Dublin bans new tobacco stores near schools, parks

December 5th, 2012 Posted in Tobacco ban Tags: ,

Enacting one of the East Bay’s strictest tobaccos, City Council gave the final approval. On Tuesday, the new tobacco rules seller from opening near schools and parks or day care center.
The council that hopes the new rules will deter youngsters from taking up smoking, also smoking was banned in public parks, and sets up city licensing system for 25-30 tobacco retailers in the city. The businesses will be required to pay fees for fund decoy visits to stores to check for illegal minor’s sales. Read more

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Sin is the share of taxes in GDP drops

December 3rd, 2012 Posted in Tobacco news, Tobacco prices Tags:

The share of excise taxes on goods gross domestic product (GDP) was decreasing from 1998 to 2010, despite regular excise tax increases in tobacco and alcohol products, data from the National Statistics Office showed coordination.
In his latest column, Sexy Statistics entitled “What is so sinful about sin tax?” NSCB Secretary General Jose Ramon Albert showed that taxes on sin products constitute less than one percent of GDP in 2010, down by half from 2.13 percent in 1998. Read more

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