Tobacco tax hike was a backroom deal

posted by
February 24, 2011
Competitive Enterprise Institute
by Hans Bader  
Posted in Commentary

"Every year, a massive transfer of wealth occurs across the country, between states and from smokers to state governments and wealthy trial lawyers, thanks to the largest legal settlement in history: the 1998 tobacco Master Settlement Agreement. That settlement is now being challenged in a petition that the Competitive Enterprise Institute recently filed with the Supreme Court in a case called S&M Brands v. Caldwell. This week, the court is expected to decide whether to hear the case." (02/22/11)  


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