The tobacco deal.
Title: The tobacco deal.
Category: /Social Sciences
Details: Words: 1019 | Pages: 4 (approximately 235 words/page)
The tobacco deal.
Category: /Social Sciences
Details: Words: 1019 | Pages: 4 (approximately 235 words/page)
Abstract
In this paper we touch on the economic issues of the 1997 Tobacco Resolution and the proposed legislation that was used to settle tobacco litigation in the United States. With settling the lawsuit in return for tax increases, the Resolution was a great example of a "win-win" deal. The taxes would cost the companies about $1 billion per year, but the government about $13 billion per year, and allow the lawyers involved to claim fees based on
showed first 75 words of 1019 total
You are viewing only a small portion of the paper.
Please login or register to access the full copy.
Please login or register to access the full copy.
showed last 75 words of 1019 total
Alabama $3,166,302,118.81
Alaska $668,903,056.50
Arizona $2,887,614,909.02
Arkansas $1,622,336,125.69
California $25,006,972,510.74
Colorado $2,685,773,548.89
Connecticut $3,637,303,381.55
Delaware $774,798,676.89
D.C. $1,189,458,105.56
Florida $0.00
Georgia $4,808,740,668.60
Hawaii $1,179,165,923.07
Idaho $711,700,479.23
Illinois $9,118,539,559.10
Indiana $3,996,355,551.01
Iowa $1,703,839,985.56
Kansas $1,633,317,646.19
Kentucky $3,450,438,586.10
Louisiana $4,418,657,915.22
Maine $1,507,301,275.81
Maryland $4,428,657,383.58
Mass. $7,913,114,212.77
Michigan $8,526,278,033.60
Minnesota $0.00
Mississippi $0.00
Missouri $4,456,368,286.30
Montana $832,182,430.63
Nebraska $1,165,683,457.48
Nevada $1,194,976,854.76
New Hampshire $1,304,689,150.27
New Jersey $7,576,167,918.47
New Mexico $1,168,438,809.05
New York $25,003,202,243.12
North Carolina $4,569,381,898.24
North Dakota $717,089,369.09
Ohio $9,869,422,448.51
Oklahoma $2,029,985,862.29
Oregon $2,248,476,833.11
Penn. $11,259,169,603.46
Rhode Island $1,408,469,747.28
South Carolina $2,304,693,119.82
South Dakota $683,650,008.54
Tennessee $4,782,168,127.09
Texas $0.00
Utah $871,616,513.42
Vermont $805,588,329.25
Virginia $4,006,037,550.26
Washington $4,022,716,266.79
West Virginia $1,736,741,427.33
Wisconsin $4,059,511,421.32
Wyoming $486,553,976.10
American Samoa $29,812,995.31
N. Mariana Islands $16,530,900.80
Guam $42,978,803.27
US Virgin Island $34,010,102.11
Puerto Rico $2,196,791,813.07
Total Payments $195,918,675,920.00
