Philip Morris USA raised the price of their Top selling Marlboro and other brands, said company representative on Monday.
The unit of Altria Group Inc is to increase the prices it charges wholesalers for Marlboro, Basic and LM cigarettes 6 cents a pack and the rest of their brands by 8 cents, Altria Representative William Phelps said.
Average price for a pack of Marlboro was $ 5.29 in the third quarter.
The new prices will take effect on Wednesday, he said.
Phelps declined to comment on the reasons for growth, but under the law passed in June that gives the Food and Drug Administration regulatory authority over tobacco companies, these companies will have to pay new fees to the Agency.
Altria shares rose 16 cents, or nearly 0.9 percent, to $ 18.09 in trading Monday morning.
Stocks rival Lorillard Inc fell 5.6 percent after the company posted profit that missed analysts' estimates as spending more money on promotions to increase sales of cigarettes.
Wednesday, 4 November 2009
Thursday, 29 October 2009
HUNTSMAN WANTS TO PUSH cigarette tax to $ 3
Governor Jon Huntsman Jr. approved a $ 2.30 tax increase on a pack of cigarettes this morning, giving Utah the highest state cigarette tax in the country to destroy the remaining state sales tax on food.
"I think it is quite fair compromise," the governor said after a public embracing a tax hike for the first time, and how to go further than previous legislative proposals. Trust hunter would more than quadruple the current 70 cents tax on a pack of smokes.
Legislative leaders were open to the idea, and said that he would be one of the topics discussed in the upcoming legislative session.
Speaker of the House of Representatives Dave Clark, R-Santa Clara, said he would support increasing taxes on tobacco, yet it was an equal tax cut.
"I think you can move quickly to [raise] the tax on tobacco to remove the sales tax on food," said Clark, speaking with one voice under the auspices of the discussion of legislative priorities.
Senate President Mike Waddoups, R-Taylorsville, said that the governor's proposal would need to be batted around.
"I've always been a supporter of removing the state tax on food, but as I listen to my advice, I'm not sure what they are," he said. "Most television is absolutely his campaign on promises without raising taxes. ... This is an alternative that needs to be discussed.
Sen. Allen Christensen, R-North Ogden, has already created a bill that would raise the tax on a pack of cigarettes to $ 2. Offer hunter would raise it to $ 3. A pack of cigarettes now costs between $ 3.50 and $ 5 Pack.
As in August last year in New York had the highest state cigarette tax in the country at $ 2.75, according to data collected during the campaign for Tobacco-Free Kids. Nevertheless, in many cities across the country to impose its own cigarette tax, which makes the package cost is much higher. The national average was $ 1.18.
Michael Siler, director of public affairs for the Utah chapter of the American Cancer Society, said he was aware at the time as the Governor in support of higher taxes on tobacco, but did not know how much it will establish a goal.
"As far as we know, this is a good thing," he said, saying that would encourage smokers to hit out of habit and can help defray the costs associated with smoking.
Supporters of cigarettes said that every 10 percent increase in the cost of a pack of cigarettes, smoking will fall to 6.5 percent among youth and 2 percent among adults.
Utah Legislature and the Governor of the reduced state sales tax on food from 4.75 percent to 2.75 percent effective in January 2007 and then to 1.75 per cent as of January 2008.
Hunter said that the $ 3 per pack tax would bring $ 120 million to $ 150 million of income, for $ 60 million of current tax generates. Hunter said he would "more than sufficient" to eliminate the sales tax on food. It will cost about $ 75 million.
"It would be more coverage that the rest of the sales tax on food, and I think it would show a strong commitment to the people of the state, if we think creatively about how to get something like this done," said Hunter.
As suggested by Christensen, that the American Cancer Society and other networks to combat smoking and public health advocates provided support, most of the money would go towards the cost of health care and smoking cessation programs.
Siler said that they will continue as the money for these purposes, but the group recognizes that in these difficult times of budget can not happen. He said that his organization will continue to do business in the legislature this year and in subsequent years, it will be a worthy goal for new revenue.
Hunter said that, under his proposal, there will be a lot of money to halt and health programs.
"I think it is quite fair compromise," the governor said after a public embracing a tax hike for the first time, and how to go further than previous legislative proposals. Trust hunter would more than quadruple the current 70 cents tax on a pack of smokes.
Legislative leaders were open to the idea, and said that he would be one of the topics discussed in the upcoming legislative session.
Speaker of the House of Representatives Dave Clark, R-Santa Clara, said he would support increasing taxes on tobacco, yet it was an equal tax cut.
"I think you can move quickly to [raise] the tax on tobacco to remove the sales tax on food," said Clark, speaking with one voice under the auspices of the discussion of legislative priorities.
Senate President Mike Waddoups, R-Taylorsville, said that the governor's proposal would need to be batted around.
"I've always been a supporter of removing the state tax on food, but as I listen to my advice, I'm not sure what they are," he said. "Most television is absolutely his campaign on promises without raising taxes. ... This is an alternative that needs to be discussed.
Sen. Allen Christensen, R-North Ogden, has already created a bill that would raise the tax on a pack of cigarettes to $ 2. Offer hunter would raise it to $ 3. A pack of cigarettes now costs between $ 3.50 and $ 5 Pack.
As in August last year in New York had the highest state cigarette tax in the country at $ 2.75, according to data collected during the campaign for Tobacco-Free Kids. Nevertheless, in many cities across the country to impose its own cigarette tax, which makes the package cost is much higher. The national average was $ 1.18.
Michael Siler, director of public affairs for the Utah chapter of the American Cancer Society, said he was aware at the time as the Governor in support of higher taxes on tobacco, but did not know how much it will establish a goal.
"As far as we know, this is a good thing," he said, saying that would encourage smokers to hit out of habit and can help defray the costs associated with smoking.
Supporters of cigarettes said that every 10 percent increase in the cost of a pack of cigarettes, smoking will fall to 6.5 percent among youth and 2 percent among adults.
Utah Legislature and the Governor of the reduced state sales tax on food from 4.75 percent to 2.75 percent effective in January 2007 and then to 1.75 per cent as of January 2008.
Hunter said that the $ 3 per pack tax would bring $ 120 million to $ 150 million of income, for $ 60 million of current tax generates. Hunter said he would "more than sufficient" to eliminate the sales tax on food. It will cost about $ 75 million.
"It would be more coverage that the rest of the sales tax on food, and I think it would show a strong commitment to the people of the state, if we think creatively about how to get something like this done," said Hunter.
As suggested by Christensen, that the American Cancer Society and other networks to combat smoking and public health advocates provided support, most of the money would go towards the cost of health care and smoking cessation programs.
Siler said that they will continue as the money for these purposes, but the group recognizes that in these difficult times of budget can not happen. He said that his organization will continue to do business in the legislature this year and in subsequent years, it will be a worthy goal for new revenue.
Hunter said that, under his proposal, there will be a lot of money to halt and health programs.
Tuesday, 17 March 2009
About cigar
Cigars are either made by hand, where the tobacco leaves are picked, sorted and bundled manually, before the cigar itself is formed by a skilled cigar roller, or they are machine produced.
Machine made cigars
A machine made cigar is basically a bundle of tobacco rolled into a tubular shape. The process for making this type of cigar is highly automated. The filler is made from machine chopped or shredded pieces of tobacco. In high quality cigars, these pieces are relatively uniform in size, texture and grade, while in some lower grade machine made cigars this chopped tobacco may vary in quality. Only in very low grade cigars might you find pieces of tobacco stems or stalks in the filler. The binder holds the filler together and in high quality cigars a tobacco leaf is used for this purpose. Lower quality and cheaper machine made cigars use a homogenized tobacco leaf as a binder. This leaf is usually made from tobacco scraps that are ground up, mixed with combustible agents and water, then stretched and rolled in a large sheet like paper. The wrapper is the tobacco leaf that forms the outer skin and gives the cigar its appearance. Machine made cigars are made with dry wrappers, which means that they will not develop into oily, smooth ‘grand cigars’ like some hand made cigars.
Hand made cigars
Hand-made cigars are wrapped in a single flawless tobacco leaf Making cigars by hand is a painstaking process, requiring great skill and a high degree of attention to quality control. The filler is prepared by folding each individual tobacco leaf onto itself so that it burns evenly. It is then surrounded by a coarse binder leaf which holds it together. Once the filler is properly shaped, the bunch is placed into a plastic or cedar mould, where it will remain for 30 to 45 minutes. After a close inspection of the leaf, the best part is picked and carefully cut into the optimum shape for wrapping the cigar. With the cigar wrapped, a small amount of vegetable glue (pectin) is applied, to keep the wrapper secure. Next a circle shape is cut out of the wrapper leaf to make a cap and this is applied to the head of the cigar. Finally, using a little more vegetable glue, the cigar band is added to complete the hand made cigar.
Machine made cigars
A machine made cigar is basically a bundle of tobacco rolled into a tubular shape. The process for making this type of cigar is highly automated. The filler is made from machine chopped or shredded pieces of tobacco. In high quality cigars, these pieces are relatively uniform in size, texture and grade, while in some lower grade machine made cigars this chopped tobacco may vary in quality. Only in very low grade cigars might you find pieces of tobacco stems or stalks in the filler. The binder holds the filler together and in high quality cigars a tobacco leaf is used for this purpose. Lower quality and cheaper machine made cigars use a homogenized tobacco leaf as a binder. This leaf is usually made from tobacco scraps that are ground up, mixed with combustible agents and water, then stretched and rolled in a large sheet like paper. The wrapper is the tobacco leaf that forms the outer skin and gives the cigar its appearance. Machine made cigars are made with dry wrappers, which means that they will not develop into oily, smooth ‘grand cigars’ like some hand made cigars.
Hand made cigars
Hand-made cigars are wrapped in a single flawless tobacco leaf Making cigars by hand is a painstaking process, requiring great skill and a high degree of attention to quality control. The filler is prepared by folding each individual tobacco leaf onto itself so that it burns evenly. It is then surrounded by a coarse binder leaf which holds it together. Once the filler is properly shaped, the bunch is placed into a plastic or cedar mould, where it will remain for 30 to 45 minutes. After a close inspection of the leaf, the best part is picked and carefully cut into the optimum shape for wrapping the cigar. With the cigar wrapped, a small amount of vegetable glue (pectin) is applied, to keep the wrapper secure. Next a circle shape is cut out of the wrapper leaf to make a cap and this is applied to the head of the cigar. Finally, using a little more vegetable glue, the cigar band is added to complete the hand made cigar.
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