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Reynolds swallowed up Lorillard, taking over the production and marketing of the Newport brand

Including the last federal increase, the average combined state and federal excise tax rate on tobacco has increased by more than 80 percent (the average state excise tax rate increased 65 percent between 2009 and 2021)

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Kioumourtzoglou, M.-A., Schwartz, J., James, P., Dominici, F

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