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Securities

Aug. 17, 2006

Ballot Measure Would Tax Tobacco to Raise Money for Health Services

A November ballot initiative that would raise tobacco taxes to fund hospital emergency services and other health programs contains an unprecedented exemption to antitrust laws that would lead to price increases, opponents say.

By Linda Rapattoni
     
Daily Journal Staff Writer
     
SACRAMENTO - A November ballot initiative that would raise tobacco taxes to fund hospital emergency services and other health programs contains an unprecedented exemption to antitrust laws that would lead to price increases, opponents say. The No on Proposition 86 campaign, primarily funded by tobacco interests but supported by indu...

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