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Harry Krause wrote:
Calif Bill wrote: "Harry Krause" wrote in message ... Calif Bill wrote: "Harry Krause" wrote in message . .. Calif Bill wrote: I do not think people should smoke. Nasty, ill habit. But that does not stop me from investing in a stock. I look after the bottom line, not just "Social Investing". Your support of any activity that helps tobacco companies impacts your bottom line in a negative way, even if you think your investments in those companies somehow serve you well. It is a legal enterprise. Freedom of choice and the dividend is very good. Yes, well, you apparently don't get it, and I'm not referring to "social investing." Your support of cigarette companies helps maintain a FINANCIAL burden against all of society, public and private, one that costs ALL Americans, directly and indirectly tens of billions of dollars each year in medical insurance premiums, uninsured costs that must be recovered somehow, lost work and productivity because of illness, and so forth and so on, ad infinitum. The taxes on tobacco take in a lot more than is ever spent on health care for the smokers. Tobacco as well as other "Sin taxes" have become a cash cow for governments. Good lord. I joke from time to time about the rationalizations of the righties, and here you are, providing an example. One idea might be for the US govt to double taxes on alcohol, tobacco, firearms/ammunition and gasoline. The windfall might go a long way to balancing the books. It's irresponsible to keep spending more than you bring in year after year. |
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