How much does the federal government subsidize the tobacco industry?
Question:
Answers:
There is a $34 million subsidy if the crops do not do well:
"Tobacco farmers also benefit from a $34 million crop-insurance program intended to protect growers from risks such as seasonal and cyclical price changes in the face of weather, production, and use variations."
Other Answers:
It doesn't take much to grow tobacco.According to TV news----somebody sued a tobacco manufacturer.The government stepped in and the price of a carton of cigarettes is now $30 plus.If the price of a pack of cigarettes was $.50 that would be a %100 government tax!
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