In 1999, Wisconsin received $5.9 billion dollars in the national tobacco lawsuit and within 4 years it was all gone. That's because the state, facing the worst fiscal crisis in its history, had sold 25 years of tobacco payments for $1.3 billion to balance a single year's budget.
Since 2003, the percentage of adult smokers in Wisconsin has reduced from 22% to 20.6%. From 2005 to 2010, the net cigarette taxes collected more than doubled from $289 million to $595 million, while the total number of cigarette packs sold dropped from 414 million to 298 million. According to a 2011 report by the University of Wisconsin Comprehensive Cancer Control Program, no other source of state revenue has increased at that rate. "Revenue from tobacco (exclusive of revenue from tobacco bonds) is the fourth largest source of state revenue after sales, income and corporate taxes."
Friday, September 20, 2013
Thursday, September 19, 2013
Today is World Vaping Day
E-cigarettes are saving adult smokers' lives. TODAY, 9/19/13, is World Vaping Day. Spread the TRUTH about e-cigarettes in your own way and show your support for fellow vapors around the world! http://
