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Taxes Drive the Count Tax stamps are often priced per pack, not per stick

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Front-page headline The Sun-Sentinel (Fort Lauderdale, Florida) July 15, 2000 That, the jury said, is your milder, better-tasting cigarette! Magazine advertisement By the Axton Fisher Tobacco Company for Fleetwood cigarettes 1943 States, industry OK $206 billion tobacco settlement News article by Skip Wollenberg The Birmingham News November 15, 1998 Tobacco settlement funds rarely used to fight smoking News article by Steve LeBlanc and Julie Carr Smyth The Light of the Coastal Empire (Savannah, Georgia) November 21, 2008 Were through talking Rex Babin The Sacramento Bee Intended for publication in the Albany Times Union , but never published Winner of the Association of American Editorial Cartoonists Golden Spike Award for the best editorial cartoon spiked (rejected) by an editor 1998 One of the advantages of working in a graphic medium is being able to depict something like the horror of a tracheostomy, graphically. Rex Babin Heres some flowers I would have brought you cigarettes, but I just heard theyre bad for you. Randy Bish The Pittsburgh Tribune-Review Circa 1997 Years ago, a doctor gave a relative of mine a jar that held some of the residue that smoking had left in her lungs

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Historically management has emphasized: Consistent dividend growth Strong payout discipline Cash-flow-based Capital allocation Shareholder value creation Although dividend growth has moderated in recent years compared with earlier periods, management continues to prioritize shareholder distributions