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Monday, March 30, 2015

Check out Not Blowing Smoke (facts about vaping)

"Addiction to tobacco tax money
"California’s position as a leader in tobacco control is under threat by the resurgence of the tobacco industry, the emergence of new unregulated tobacco products, and the decreasing spending power of the tobacco control program."

Tobacco Control in California, 2007-2014: “A Resurgent Tobacco Industry While Inflation Erodes the California Tobacco Control Program”, published by The Center for Tobacco Control Research and Education School of Medicine, University of California, San Francisco.

States have borrowed against tobacco tax revenue
Sales are increasing to companies not paying into the MSA

Cigarette shipments declined by an above average 6.45% in 2010, following a 9.2% decline in 2009. MSA receipts declined by 5.6% in 2011. The revenue reductions forced California to need debt reserves to meet full interest and minimum serial bond principal repayments for 2011. Since then it has not gotten any better!"

Check out Not Blowing Smoke