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...average cost of a pack of Marlboros in the U.S. is $3.15. Of that, 43 cents goes to state excise taxes. Another 34 cents goes to federal excise taxes. Throw in another 58 cents for the cost of the $206 billion settlement with 46 states - a suit, the irony of which should not escape anyone, launched to recoup "lost" healthcare costs due to smoking - and you're down $1.35 and on your eighth coffin nail before you even start paying the boys down in Raleigh-Durham...

Author: /time Magazine | Title: Why Uncle Sam May Secretly Want You to Smoke | 7/30/2001 | See Source »

...trial lawyers, smokers are coughing up $30 billion a year to The Man. (Keep in mind these numbers are after John McCain?s $400 billion-plus-$1.50-a-pack-tax settlement bill failed in 1998, and pending the settlement of a Clinton-launched $20 billion heath-care-recoup suit that the Bush DOJ is cool on pursuing...

Author: /time Magazine | Title: Why Uncle Sam May Secretly Want You to Smoke | 7/30/2001 | See Source »

...challenging Big Tobacco with dozens of low-cost smokes, and black-market cigarettes (including the ones that major companies give away as marketing ploys) are on the rise. Were it not for the relatively hospitable air in Washington - John Ashcroft?s Justice Department is looking to dump the Clinton suit and George W. Bush declined to add another round of excise taxes - the long-predicted death of Big Tobacco (and the concurrent rise of Little Tobacco) might have happened already...

Author: /time Magazine | Title: Why Uncle Sam May Secretly Want You to Smoke | 7/30/2001 | See Source »

...other party to the ABM treaty. The tests the Pentagon has in mind will violate its terms "within months, not years," says a freshly circulated State Department memo. Officials talk of deployment as early as 2004. That schedule turns the screws on Putin to modify the treaty to suit Washington right away--or the U.S. will simply pull...

Author: /time Magazine | Title: A Salesman On The Road | 7/30/2001 | See Source »

...BRAD PITT's icy blue eyes or JENNIFER ANISTON's adorable button nose, but up until last week you could have purchased the couple's everlasting symbol of commitment--and at a nice price too. Pitt and Aniston filed a $50 million suit in U.S. District Court in Los Angeles against Damiani International, the jewelry outfit that produced their wedding rings, for hawking "Brad & Jennifer white-gold wedding bands with diamonds," an alleged violation of an agreement prohibiting the rings' reproduction or sale. The bands, available in lovely 18-karat gold, were selling for a mere $1,000 at outlets...

Author: /time Magazine | Title: People: Jul. 30, 2001 | 7/30/2001 | See Source »

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