That’s the underlying question that Proposition 29 poses to California voters, who go to the polls in June to decide if smokers should pay an extra buck in taxes for a pack of cigarettes.
What would Prop 29 do?
If passed, the measure – called the California Cancer Research Act – would add an additional dollar to a pack of cigs and other tobacco products sold in California (amounting to five more cents/cigarette). It would more than double the current tobacco tax rate – the most dramatic increase in the state’s history.
The estimated $735 million (annually) in new revenue (adjusted for tax revenue lost from the projected decrease in sales) would go toward a special fund administered by an appointed committee to support research on cancer and other tobacco-related diseases, as well as prevention and enforcement initiatives. None of it would be used for medical treatment. Continue reading