Benefits of a $.50Tax Increase in Virginia
$310.3M new tobacco tax revenues (plus $8.0M increased sales tax revenues)
$5.6M 5-year savings from reducing smoking during pregnancy
$12.7M in 5-year savings from reduced heart attacks and strokes
$833.4M long-term health care savings
Notes:
May tie NSR roll-back to 3 P approach to make it more palatable
Decision may come within weeks. Delay shows internal debate and political recognition of heat, remembrance of arsenic in drinking water debacle.