Tobacco tax increases present a win-win solution to the states a health win that will reduce tobacco use and save lives and a revenue win that can help fund tobacco control and other lifesaving public health programs. Tobacco use remains the leading cause of preventable disease and death in the U.S., killing nearly 500,000 Americans every year and costing over $241 billion in annual health care expenses, more than 60% of which is paid by taxpayers through government programs like Medicare and Medicaid
Unlike such fund managers as George Soros and Stanley Druckenmiller, whose client lists and stock maneuverings act as their calling cards, Epstein keeps all his deals and clients secret, bar one client: billionaire Leslie Wexner, the respected chairman of Limited Brands
But tax-hike proponents must consider the unintended consequences that undermine whatever good intentions they may have had in the first place
It lingers long after the last cigarette
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