Comment Re:Sounds good (Score 1) 112
We had them in SLC 25 years ago.
If they can, companies pass the taxes on to their customers in the form of higher prices.
Or, the tobacco companies lose those customers, who spend the money on something else like food or rent.
If they can't, that money comes out of the value of the company and the stockholders take the hit.
And that is exactly who should be taking the hit! After a while, they get the hint and pull their money out of the tobacco company and put it somewhere else.
Sounds like win-win to me.
"Spock, did you see the looks on their faces?" "Yes, Captain, a sort of vacant contentment."
