Biggest US tax hike on tobacco takes effect - USA Today

March 31, 2009 by admin  
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Biggest US tax hike on tobacco takes effect
USA Today
"Some people may quit smoking," he said. "Others may cut back." Nik Modi, a tobacco industry analyst at UBS, expects cigarette consumption to drop by about 9% annually. Tobacco companies won't be badly hurt, he said, because they've prepared for the
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