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Will the tobacco settlement payments go up in smoke?

  • Daniel G. Swaine
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    In December 1995, Massachusetts attorney general Scott Harshbarger filed a civil suit against the tobacco industry. The Commonwealth’s lawsuit charged that the tobacco industry had conducted research into the addictive properties of nicotine and used this research to willfully manipulate the nicotine level of cigarettes in order to addict smokers and increase cigarette sales. The lawsuit asked the court for damages to compensate the Commonwealth for expenditures paid to treat smoking-related illnesses. At the time this litigation was filed, Massachusetts was the fifth state in the nation to bring such a lawsuit, behind Mississippi, Florida, Minnesota, and West Virginia.

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    File URL: http://www.bostonfed.org/economic/neff/neff24/neff24.htm
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    File URL: http://www.bostonfed.org/economic/neff/neff24/neff24.pdf
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    Article provided by Federal Reserve Bank of Boston in its journal Fiscal Facts.

    Volume (Year): (2000)
    Issue (Month): Spr ()
    Pages: 1-5

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    Handle: RePEc:fip:fedbff:y:2000:i:spr:p:1-5:n:24
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