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The price of tobacco dropped from 6.50 pennies per pound in the 1620s down to as low as .80 pennies per pound in the 1690s. This downward trending triggered a whole series of crop controls and government sponsored price manipulations throughout the 1600s to try to stabilize pricing, but to no avail.
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Cigarette smoking alone has cost the United States $96 billion in direct medical expenses and $97 billion in lost productivity per year, or an average of $4,260 per adult smoker. In 1964 the Surgeon General of the United States published its landmark report, Smoking and Health , which identified smoking as the cause of many health problems. [ 8 ]
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The bright-tobacco industry, 1860-1929 (1948) online; Wagner, Susan. Cigarette Country: Tobacco in American History and Politics (Praeger, 1971). online; Wailoo, Keith. Pushing Cool: Big Tobacco, Racial Marketing, and the Untold Story of the Menthol Cigarette (2021) excerpt; Winkler, John K. Tobacco tycoon, the story of James Buchanan Duke ...
The Cigarette: A Political History. Harvard University Press. ISBN 978-0674241213. Oreskes, Naomi, and Erik M. Conway. Merchants of doubt: How a handful of scientists obscured the truth on issues from tobacco smoke to global warming (Bloomsbury Publishing USA, 2011). Parker-Pope, Tara. Cigarettes: Anatomy of an Industry from Seed to Smoke (2002 ...
While the price of cigarettes has continuously increased since 1965, the percentage of that price going towards taxes is now half of what it was then. [15] As of 2011, Phillip Morris lists total government revenue, including federal, state, local, and sales taxes, as 55% of the estimated retail price of a pack of cigarettes in the United States ...