Mutters in PA about taxing ecigs

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TomCatt

Da Catt
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Upland, PA
Tobacco Master Settlement Agreement - Wikipedia, the free encyclopedia


Financial provisions

Receipts by the states
States were to receive over $206 billion over 25 years:

Up-front payments - $12.742 billion.
Annual Payments, beginning April 15, 2000 - $183.177 billion through 2025.
Strategic Contribution Fund, 2008-2017 - $8.61 billion.
National Foundation ($250 million over 10 years).
Public Education Fund (at least $1.45 billion 2000-2003).
State Enforcement Fund ($50 million, one-time payment).
National Association of Attorneys General ($1.5 billion over next 10 years).
Payments by the Participating Manufacturers (PMs)

The amount of money that the PMs are required to annually contribute to the states varies according to several factors. All payments are based primarily on the number of cigarettes sold.


Guess what ... the number of cigarettes sold has been dropping in recent years :rolleyes:

The cash cow is starting to dry up.
 
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