Magazine Industry History
Anyone else think “Big Tobacco” will just leave the U.S.?
The U.S. Senate on Thursday struck the most devastating legislative blow in history to Big Tobacco, giving the Food and Drug Administration (FDA) authority over the industry. The new bill, which passed in the House in April, includes tough new restrictions on advertising like allowing only black-and-white text ads in magazines with substantial youth readerships, mandates that manufacturers prove or stop using claims like “light” and “low tar,” bans flavored cigarettes (except menthol) and makes provisions for large, graphic warning labels. So why, then, is tobacco giant Philip Morris, unlike its industry brethren, celebrating the unprecedented oversight?
Yes, it will be only a matter of time before they move the whole tobacco business to a more friendly business and government environment. My guess it will be China or India. The liberals just keep beating and beating on smokers. And what they aren’t telling anyone is when they aren’t collecting all those tobacco taxes anymore, they will raise everyone elses taxes to pay for their social programs funded by the cigarette tax. Yes, they will be leaving and soon.
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