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Excise taxes are commonly levied on cigarettes, alcoholic beverages, soda, gasoline, insurance premiums, amusement activities, and betting, and typically make up a relatively small and volatile portion of state and local and, to a lesser extent, federal tax collections

With the tobacco industry facing unprecedented change, BATS ability to adapt while preserving shareholder value remains the central investment thesis for this dividend-focused stock.

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We want the FDA to know the stories of everyone snus has helped quit smoking so that they can see our side of the story as well

Higher taxes on tobacco products reduce tobacco consumption and improve public health, while also increasing government revenues that can be used to fund priority investments and programs that benefit the entire population