ban jersey new no smoking

Increase in Cig Taxes May Lower Bond Returns

A DRI-Wefa forecast released in January was based on expectations of fewer state tax increases, said Jim Diffley, group managing director at the Eddystone, Pennsylvania, firm ...
That positive health news may have negative implications for investors in tobacco bonds ...
Even a small drop in smoking rates may increase the risk for investors who've bought bonds that are backed by payments to state and local governments from tobacco companies ...
This may just be the beginning of series of revisions'' to DRI-Wefa's cigarette consumption forecasts, said Josh Gonze, a money manager at Thornburg Investment Management Co ...
4 billion in municipal bonds, has sold all the tobacco settlement bonds it once owned, based on expectations they would lag other bonds ...

States Lose Taxes From Web Cigarette Sales

states, counties and cities, and Guam, Puerto Rico and Washington, have sold a total of about $10 billion in tobacco bonds ...
What's ironic is that states that have already securitized their payments don't care about damaging cigarette sales because they've already collected their money,'' Gonze said ...
But Internet cigarette vendors openly flout the law, known as the Jenkins Act, according to a ...
A DRI-Wefa forecast released in January was based on expectations of fewer state tax increases, said Jim Diffley, group managing director at the Eddystone, Pennsylvania, firm ...

"Bidis" More Deadly Than Regular Cigarettes

requested the report, which he said reveals a burgeoning market of online cigarette sales ...
In Illinois, the state boosted cigarette taxes by 40 cents to a total of 98 cents a pack ...
Flavored Asian cigarettes, even more harmful than regular ones, are gaining a foothold among minority youth, according to a study of New Jersey middle- and high-schoolers appearing in the American Journal of Health Behavior ...
But bidis deliver more nicotine than conventional cigarettes, increasing the likelihood of addiction and raising the risk of cancers of the throat, mouth, lungs ...

NJ: After 20 Years, Epic Tobacco Lawsuit Settled

He kept on smoking after his marriage, the birth of his daughters and during his steady climb up the corporate ladder as a salesman and executive for the makers of Schrafft Ice Cream and later at American Food Labs ...
Officials in California estimated a tax loss of approximately $13 million from May, 1999 through September, 2001 because of the failure of Internet cigarette vendors to comply with the federal law ...
The only judgment ever to be paid to a plaintiff in such a case was slightly more than $1 million in a 1996 jury trial ...
The payments, mandated by a 1998 legal settlement, are based on annual sales of cigarettes in the U ...

U.S. Cigarette Smuggling Linked to Terrorism

The report recommends shifting primary enforcement of the law from the Federal Bureau of Investigations to the Bureau of Alcohol, Tobacco and Firearms, in part because of the FBI's heightened focus on terrorism ...
The lucrative trafficking of cigarettes, known as cigarette diversion, is a simple scheme but difficult to stop, law enforcement officials say ...
Officials in California estimated a tax loss of approximately $13 million from May, 1999 through September, 2001 because of the failure of Internet cigarette vendors to comply with the federal law ...
The traffickers purchase a large volume of cigarettes in states where the tax is low, such as Virginia and North Carolina, transport them up Interstate 95 to states such as Maryland, New York, Pennsylvania and New Jersey and then sell them at a discount without paying the higher cigarette taxes in those states ...
During her own deposition, Haines said, a defense attorney asked if her father ever hit her ...

NY's Fire Safe Cigarette Law Goes Into Effect June 28, 2004

The legislation, aimed at cutting the number of deaths and injuries from smoking -related fires, is raising troubling questions for tobacco companies ...
One Web site told buyers ``We do not report to tax authorities in ANY state ...
In staving off a decision for two decades, the defendants in Haines vs ...
He was diagnosed with lung cancer on his birthday, May 15, and died 13 days later ...
New York City's cigarette sales tumbled last month, when the local tax rose to $1 ...

Cigarette Wars Heating Up

The fine is $10,000 for each instance in which a manufacturer falsely certifies that its cigarettes meet the standard ...
With self-extinguishing cigarettes required only in New York, anti-tobacco lawyers may find it easier to argue in court that manufacturers know how to make a safer cigarette -- something the companies had largely denied until recently ...
I think this a major shift in the world of tobacco marketing, and regulation, and public health," says Jack Henningfield, a behavioral biology professor at Johns Hopkins University, referring to the intensified push by state and local lawmakers to discourage smoking , and a host of new products designed to provide safer ways to smoke ...
States are losing millions in tax dollars as more people buy cigarettes from online vendors who routinely ignore a federal law requiring them to report sales to local regulators, a new report says ...
Without this year's tax increases, as many as 20 billion more cigarettes would have been consumed by the end of next year, he estimated ...

Flavored cigs harmful

Called “bidis,” the exotic cigarettes from India and Southeast Asia are made of tobacco wrapped in a leaf and tied with a string ...
Requests Regulation of Bidi Cigarettes Action on Smoking and Health (ASH) has filed a legal petition with the Federal Trade Commission (FTC) requesting the FTC to halt the unfair and deceptive trade practices surrounding bidi cigarettes ...
In Illinois, the state boosted cigarette taxes by 40 cents to a total of 98 cents a pack ...
Plus, they may face a legislative nightmare as other states pass different fire-safety laws ...

Court Holds ETS Causes Cancer

Beyond that, cigarette companies could become more vulnerable to cigarette-fire lawsuits filed in other states, legal experts say ...
The only judgment ever to be paid to a plaintiff in such a case was slightly more than $1 million in a 1996 jury trial ...
The ruling by Judge James Boyle appears to be the first in New Jersey to extend compensation for second-hand-smoke exposure beyond lung cancer ...

B.A.T.'s Dirty Secrets Exposed

Industries, the world's second-biggest cigarette maker, were devising ways to make it harder for people to quit smoking ...
Peter Rossi smoked for 40 years, sometimes as much as four packs a day ...
Haines, a Haddonfield resident and a paralegal at a Philadelphia law firm, had been working closely with Edell's law firm on a series of asbestos liability cases ...