Wednesday, December 8, 2010

subsidy


Subsidizing the tobacco industry is not dissimilar to subsidizing any industry in a capitalist community. Industry is offered tax breaks, incentives, and opportunity for conducting business in a community as an opportunity for employment and improving commerce. We provide tax breaks in return for a positive economic impact. The unfortunate difference is that the tobacco business is an economic drain. The American Lung Association has estimated that a pack of cigarettes should cost $16.66 to simply break even for the cost to the public health.

While honest work, jobs dependent on selling cigarettes are a poor trade for $812 million in tobacco related health care costs annually in Arkansas, the litter. or the lives.


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