Posted on 05/20/2002 7:16:57 AM PDT by SheLion
Edited on 04/13/2004 2:07:48 AM PDT by Jim Robinson. [history]
The landmark 1998 settlement of state cigarette suits for $243 billion broke all records for civil litigation in the United States, yet it set an unfortunate precedent and remains widely misunderstood.
Faced with a series of lawsuits by state attorneys general across the country, the tobacco industry brokered the settlement in two separate deals. First, it settled with four states for $37 billion, then with the remaining 46, including Massachusetts, for $206 billion. Both the litigation and the settlement were novel in many respects.
(Excerpt) Read more at boston.com ...
My 300 pound office worker had to take an early retirement. Too fat to work. Terrible way to lose money.
The implication here is that other kinds of cancer--of which 75% are in nonsmokers--are a pleasant way to die...?
A few coffees and Drambuies have the same effect!
I read it somewhere.
This bum, the author W. Kip Viscusi, doesn't give one faint damn about the assault on smokers. He's just pissed that there has been no assault on othe legal products that W(imp) Kip Viscusi considers "bad".
Lead paint has been outlawed since 1978, for cryin' out loud.
If this guy believes it's okay to go back 24 years to "get" the manufacturers of a legal product, he probably thinks racial reparations are a swell idea too.
Do you not pay taxes on loose tobacco..... ?????
There are some taxes on loose tobacco - but it is calculated at a different rate than that of cigarettes, which are taxed at a different rate than cigars, which are taxed at a different rate than pipe tobacco, which is taxed at a different rate than chewing tobacco.
I hope that all makes as much sense to you as it did to me as I was writing it!!!!
Great Dane, I just saw your post. For a 6oz bag of tobacco, the price is $5.75, which includes 25 cents surcharge. That's it. I can roll a LOT of cigarettes for the price we pay for one carton here.
That's why I am so happy. That would make the bag of tobacco $5.50 with 25 cents surcharge=$5.75.
Premium cigarettes here go between $44 dollars and $50. I roll about 3 packs short of one carton for $5.75, 6oz bag. Can't beat it.
None of us CHOOSE to die of cancer. My grandmother lived to be 86 years old, smoked three packs of Camels a day, non filters. And she didn't die from cancer.
My other grandmother lived to 44, never smoked, died full of cancer. So, its the luck of the draw the way we go out of this world.
No smoking, No drinking, Clean Living doesn't guarantee any of us that we will live a ripe old age.
Or buy from the Internet or rolled our own. You got it! :)
LOL, I can handle it, our loose tobacco used to be taxed at a much lower rate as well, but no more, if they slap $5 on a carton, they also slap it on loose tobacco, my husband now pays $47 for 300gr of pipe tobacco.
LOL, Please....... I am Canadian, my stinking government won't let me buy on the net tax free. :-}
Yup. At least it's still legal.
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