Monday, April 22, 2019
The Possible Benefit from Tobacco Term Paper Example | Topics and Well Written Essays - 2000 words
The Possible Benefit from Tobacco - Term Paper manakinIn order to have a clear understanding of the importance of nates tax incomees, it is appropriate to fertilize a historical background of the object- cigarettes. Historically, tobacco became popular in the United States in 17th ascorbic acid which was often associated with slavery since tobacco plantations required massive manpower. However, when America started trading with other colonies after the American Revolution, tobacco in the form of cigarettes became popular. The origin of cigarette smoking can be traced to Western Europe. The cigarette was actually smoked by members of the lower class population in Andalusia which was adapted by the french during their conquests there. Later during the Victorian period, the British adopted tobacco to suit their taste and style but in the form of dainty looking cigarette which can used by the ladies (Burns 132 ). In the United States, atomic number 101 and Virginia competed heavily in tobacco farming resulting to the establishment of two different types of auction system for loose-leaf. This caused direful pressure to the government leading to the enactment of the Tobacco Inspection Act that directs the Secretary of Agriculture to trim controls on the tobacco Industry ( McGrew ). In addition to this, McGrew asserts that the government imposed regulation since the tobacco intentness provided more than $4.8 billion in taxes in 1971 (USDA, Tobacco Situation, 1971b 44). Strictly speaking, the first federal excise tax on tobacco was included in the Alexander Hamiltons tax.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.