Heres what the government makes each year on profit....
# Federal excise taxes - $7,307,440,000
# State and local excise taxes - $15,087,691,000
# State cigarette sales taxes - $4,764,730,000
# Tobacco settlement payments - $7,200,000,000
Read more: Answers.com - How much money does the government make a year from tobacco sales
I heard if everyone was to quit smoking that the government would have to raise gas prices to $6+ a gallon just to make up for lost revenue.So why are they getting strict on the tobacco industry?They need people to smoke:??:
# Federal excise taxes - $7,307,440,000
# State and local excise taxes - $15,087,691,000
# State cigarette sales taxes - $4,764,730,000
# Tobacco settlement payments - $7,200,000,000
Read more: Answers.com - How much money does the government make a year from tobacco sales
I heard if everyone was to quit smoking that the government would have to raise gas prices to $6+ a gallon just to make up for lost revenue.So why are they getting strict on the tobacco industry?They need people to smoke:??: