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Old 01-29-2009, 11:16 PM   #11
alley00p
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Red face Re: S-CHIP Required Reading

I talked to my B&M owner a couple days ago; he mentioned for the first time, Fuente/Newman has discontinued the practice of "requiring" B&M's order a lot of sticks that they know they won't be able to move. Now, he can pick and choose for the first time since he's been in business (no more boxes of "curly heads" as part of his order )!

The other thing is that the "bulk cigarette tobacco" tax was slated to rise from about @$1.50/lb to $24.00/lb. Even a lot of Democrats are realizing that this would bankrupt the domestic cigarette industry. The number of layoffs in that industry might drawf the crap that has happened in the auto industry! According to a friend, he interviewed an "unnamed source" who said that this is one of the things that is holding S-CHIP up right now.

Who knows what will happen?







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