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| Subject:
Why are there Tobacco buyout quotas from the Government
Category: Miscellaneous Asked by: moneymgr-ga List Price: $5.00 |
Posted:
27 Jul 2004 06:06 PDT
Expires: 26 Aug 2004 06:06 PDT Question ID: 379604 |
I live in North Carolina. I am curious about the logic and the origin of the tobacco allotment program - why it exists etc, and what the logic and reason for the buyout of these quotas is. Tobacco farmers are close to securing billions of dollars for giving up their allotments by a federal farm program. Why can't tobacco farmers just be subject to the markets like every other business? I am not looking for a personal political opinion, as much as just trying to understand why tobacco seems to be different than other crops. Todays newspaper says that "Separate proposed tax bills will pay farmers billions to give up allotments dictating how much tobacco they can sell under the federal program that began in the great depression." Why is that and what is the reason for it??? |
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| There is no answer at this time. |
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| Subject:
Re: Why are there Tobacco buyout quotas from the Government
From: athena4-ga on 27 Jul 2004 13:30 PDT |
moneymgr-ga: US Tobacco history and and evolution of the policy goes back centuries. The evolution of policy may not be completely logical, but is "something that sort of works." You may want to search for History of Tobacco Policy or History of Tobacco Allotment Policy and read several of the websites - especilly the US (and State) Government ones. Good luck. |
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