We all want to help those who want to stop smoking, but
PROP 56 IS NOT WHAT IT APPEARS TO BE.
Prop 56 is a $1.4 billion “tax hike grab” by insurance companies and other wealthy special interests to dramatically increase their profits by shortchanging schools and ignoring other pressing problems.
Source: Prop 56 spending formula for net funds after backfill and earmarked allocations
Note: Up to $147 million can be used for administrative costs—over 10% of the net revenues raised by the initiative.
PROP 56 ALLOCATES
OF NEW TOBACCO TAX MONEY TO
HELP SMOKERS OR STOP KIDS
If we are going to tax smokers another $1.4 billion per year, more should be dedicated to helping them stop and keeping kids from starting. Instead, most of the $1.4 billion in new taxes goes to health insurance companies and other wealthy special interests, instead of where it is needed.