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President Obama's tobacco tax hike: Is it about health or cash?

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President Obama's proposal to nearly double the federal tax on cigarettes, portrayed by the White House as a way to improve public health, is nothing more than a smoke screen to raise money, critics say. Obama wants to increase the federal cigarette tax from $1.01 to $1.95 a pack and use the $80 billion in new revenue it would generate to expand preschool programs. However, analysts questioned...

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