Skip to content

Business Quote by Anonymous

“Most of the profit from a box of Swisher Sweets doesn’t go to the company that manufactures them or the store owner who sells them. The bulk of profit goes to the government that aggressively taxes them. That’s quite a racket. President Obama signed the largest tobacco tax increase in history in…” quote by Anonymous
Download Open image
““Most of the profit from a box of Swisher Sweets doesn’t go to the company that manufactures them or the store owner who sells them. The bulk of profit goes to the government that aggressively taxes them. That’s quite a racket. President Obama signed the largest tobacco tax increase in history in one of his first acts in office. The feds took about a nickel per cigar when the president took his oath. They now take 52.75 percent of the sale up to $402 per 1,000 cigars. “More lower-income people than higher-income people will quit,” Eric Lindblom of the Campaign for Tobacco-Free Kids paternalistically reasoned to USA Today in 2009. Instead of a tobacco-free kid, Michael Brown became a free-tobacco kid.””

Anonymous

4.2 out of 5 (4 ratings)

More by Anonymous

Explore all 163,108 Anonymous quotes

More Business quotes

Browse all 38,995 Business quotes