Reynolds American Adds $304,000 to Fight Oregon Measure 50
Dave Hogan from The Oregonian reported today that:
Reynolds American, the makers of Camel cigarettes, has contributed another $304,000 to the record-setting campaign against Measure 50, which would raise Oregon’s cigarette tax by 85 cents a pack.”
Reynolds, based in Winston-Salem, N.C., has now contributed $4.6 million to the Oregonians Against The Blank Check campaign while Philip Morris, the makers of Marlboros, and its parent company have donated $5.8 million to the Stop The Measure 50 Tax Hike committee.
Those two committees have raised far more money than any other ballot measure campaign in Oregon history.
It looks like Reynolds has a major business problem with measure 50! If fewer people can afford to maintain smoking and fewer children pick up the addiction, tobacco profits will plummet to record lows.
In order to profit, a cigarette company needs to always find replacement smokers since the majority of smokers die before their time.
The CDC says that in 2006 tobacco use was the leading preventable cause of death in the United States and that cigarette smoking causes an estimated 438,000 deaths, or about 1 of every 5 deaths, each year. This estimate includes approximately 38,000 deaths from secondhand smoke exposure.
Click here to learn more The Oregonian .
Related Posts:
- Cigarette Companies Light Up More Donations Against Measure 50
In a last-drag effort to defeat Oregon’s 85-cents-a-pack tax increase on cigarettes, the makers of Camel smokes tossed in another... - R.J. Reynolds Forms Committee To Oppose Oregon Cigarette Tax Increase
R.J. Reynolds Tobacco on Friday filed with the Oregon state Elections Division to form the “Oregonians Against the Blank Check”... - Tobacco Industry Puts Profits Before Kids in Defeating Oregon Ballot Initiative
Statement of William V. Corr, Executive Director, Campaign for Tobacco-Free Kids Tobacco or Kids? Who has values? Washington, Nov. 7... - Tobacco Campaign Tops Record $11 million (Oregonian)
The tobacco money against Oregon’s Measure 50′s proposed cigarette tax increase keeps piling in. Philip Morris has donated another $1.1... - R. J. Reynolds Backs Campaign Against Tobacco Tax Hike
Cigarette tax proposal would change tax from 7 cents per pack to 30-50 cents if the plan passes. However, the...
What do you think? Please enter your comments below.
| CiggyFree.com is © HeartCore Corporation 2004-2010