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Tobacco Revenue Ticker
| If U.S. smokers paid state, local and federal cigarette excise taxes and settlement agreement payments in 2007 at the same rates they were paid in 2006, here's how much would be collected so far this year. |
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(On an annual prorated basis) |
For more information, review the Cigarette Tax & Payment Table, which details payments made by smokers.
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Since 2001, 44 states have increased tobacco taxes, and proposals to increase the federal excise tax on cigarettes, currently 39 cents per pack, are constantly being considered by Congress. Enough is enough!
Federal, state and local governments have a virtual monopoly on tobacco profits. The government makes more money from the sale of cigarettes than anyone else, including manufacturers, wholesalers and retailers. In fact, the government profit per pack of cigarettes sold in the United States was $2.09, or 52 percent of the cost of the average pack. This represents nearly 9 times the per pack profit made by R.J. Reynolds Tobacco Company (24 cents).
In 2006, U.S. smokers paid the following amounts in tobacco taxes and settlement payments:
$1,031.61 per second
$61,896.34 per minute
$3,713,780.52 per hour
$89,130,732.38 per day
$32,555,000,000.00 for the year
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