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<blockquote data-quote="Jogeephus" data-source="post: 647648" data-attributes="member: 4362"><p>I don't know how they figure that. Seems awefully low if you look at the numbers. I had just figured it in my head using some rough figures but I wasn't in my think tank. However, I went to my think tank and sat down and smoked it over using a little sharper mind and here is how I figure it. </p><p></p><p>The terrible big carbon foot-printed farmer in the US produces tobacco and jobs for the industry. The industry uses 1.6 billion pounds of domestic tobacco per year and inports nearly a quarter billion pounds. This creates lots of private industry jobs - which as we all know is a bad thing due to environmental reasons. This greedy farmer is rolling in money since he gets to pocket about $2.40/lb. or $0.04/pack. Of course, he has to hire lots of help and buy lots of equipment, fertilizer and fuel to produce such a windfall profit - but I'm sure his banker gives him a break every chance they get. Since it takes about 1.9 lbs of tobacco to make a 1000 cigarettes this works out to roughly 2.63 cartons per pound of tobacco. Or roughly, 53 packs per pound. </p><p></p><p>Placing a $0.62 a pack fed sales tax on top of the existing $0.39/ pack sales tax would equal $1.01 /pack. But you also get to add the new state tax which is going to be $1.00/pack which should bring the total near $2.01/pack. Things get a bit muddy here and but there is also a state $0.255 /pack sin tax on the federal taxes or maybe this could also be assessed on the combined excise taxes which would add another $0.50 per pack which brings the total to $2.51/pack. But then the county can add their own excise tax if they choose. On top of this add the sales tax of say 7% which brings the taxes on a pack to around $2.73/pack which is a pretty good return for your investment. ($144/lb taxes) </p><p></p><p>Since I don't have the figures on hand, I'm just going to guess that about half of this stays here and is used for cigarettes. If this is the case then there should be about $144 billion for us to fund our pet projects and such. So undoubtedly, if the 30 billion figure is correct we must only use 10% of our crop and export the rest. With 90% export market this again is a reason we should definitely crack down on it. Afterall, just think of how bad we must be polluting the oceans. Maybe this is just the money ear-marked for the children's health programs this is supposed to fund and the rest of it will go to dolphin research and woodpecker relocation programs. You know, the important stuff. Don't know. Don't really care. What is important is that we build a larger government. I think this whole idea is utterly fantastic. I mean, when we crimminalize tobacco users while at the same time decrimminalizing the use of marijuana it will only be a matter of time before we can employ the same system on weed. Fantastic idea. I guess the tax on the weed could go to subsidize all the jailers this will put out of business and maybe be serve as the seed money for a new Homeland Ecological Defense Agency.</p><p></p><p>HS, per your request, attached is a picture of my 'think tank design'.</p><p></p><p><img src="http://i102.photobucket.com/albums/m114/jogeephus/pot.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p></blockquote><p></p>
[QUOTE="Jogeephus, post: 647648, member: 4362"] I don't know how they figure that. Seems awefully low if you look at the numbers. I had just figured it in my head using some rough figures but I wasn't in my think tank. However, I went to my think tank and sat down and smoked it over using a little sharper mind and here is how I figure it. The terrible big carbon foot-printed farmer in the US produces tobacco and jobs for the industry. The industry uses 1.6 billion pounds of domestic tobacco per year and inports nearly a quarter billion pounds. This creates lots of private industry jobs - which as we all know is a bad thing due to environmental reasons. This greedy farmer is rolling in money since he gets to pocket about $2.40/lb. or $0.04/pack. Of course, he has to hire lots of help and buy lots of equipment, fertilizer and fuel to produce such a windfall profit - but I'm sure his banker gives him a break every chance they get. Since it takes about 1.9 lbs of tobacco to make a 1000 cigarettes this works out to roughly 2.63 cartons per pound of tobacco. Or roughly, 53 packs per pound. Placing a $0.62 a pack fed sales tax on top of the existing $0.39/ pack sales tax would equal $1.01 /pack. But you also get to add the new state tax which is going to be $1.00/pack which should bring the total near $2.01/pack. Things get a bit muddy here and but there is also a state $0.255 /pack sin tax on the federal taxes or maybe this could also be assessed on the combined excise taxes which would add another $0.50 per pack which brings the total to $2.51/pack. But then the county can add their own excise tax if they choose. On top of this add the sales tax of say 7% which brings the taxes on a pack to around $2.73/pack which is a pretty good return for your investment. ($144/lb taxes) Since I don't have the figures on hand, I'm just going to guess that about half of this stays here and is used for cigarettes. If this is the case then there should be about $144 billion for us to fund our pet projects and such. So undoubtedly, if the 30 billion figure is correct we must only use 10% of our crop and export the rest. With 90% export market this again is a reason we should definitely crack down on it. Afterall, just think of how bad we must be polluting the oceans. Maybe this is just the money ear-marked for the children's health programs this is supposed to fund and the rest of it will go to dolphin research and woodpecker relocation programs. You know, the important stuff. Don't know. Don't really care. What is important is that we build a larger government. I think this whole idea is utterly fantastic. I mean, when we crimminalize tobacco users while at the same time decrimminalizing the use of marijuana it will only be a matter of time before we can employ the same system on weed. Fantastic idea. I guess the tax on the weed could go to subsidize all the jailers this will put out of business and maybe be serve as the seed money for a new Homeland Ecological Defense Agency. HS, per your request, attached is a picture of my 'think tank design'. [img]http://i102.photobucket.com/albums/m114/jogeephus/pot.jpg[/img] [/QUOTE]
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