cheers.
In 2005, Federal govt got $7.7 billion, and states got $13 billion. The tax revenues are shrinking as states ban smoking. Colorado's new statewide smoking ban (in 2007) could cut tobacco tax revenue by about $14 million, putting a dent in health programs and other government initiatives, a state economist said.
The small tobacco taxation revenues are no match for the huge Tobacco-Related Monetary Costs in the USAHealthcare Costs. Total annual public and private health care expenditures caused by smoking: $89.0 billion â' Annual Federal and state government smoking-caused Medicaid payments: $28.4 billion [Federal share: $16.2 billion per year. States share: $12.2 billion] â' Federal government smoking-caused Medicare expenditures each year: $24.9 billion â' Other federal government tobacco-caused healthcare costs (e.g. through VA health care): $8.7 billion
Your answer and the sources you cited were actually very helpful to me. I'm writing a paper about ways to use the new increase in the cigarette tax in a way that would aid the economy, or at least our healthcare system. http://answers.yahoo.com/question/accuse_write?qid=20081120000847AALIExM&kid=E5EmO3jgNXBtMfwSOFiA&s=comm&date=2009-04-15+11%3A27%3A17&.crumb=
$10.00 a carton.It is supposed to go to Medicaid and Medicare to cover the cost of smokers.
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