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[01:38] MADGE JACKIE KING: Okay

But businesses worry the tax will hurt their bottom line

adults (age 18 years and older) declined from 20.9 percent in 2005 to 15.5 percent in 2016, a new federal report shows

Currently, a public docket is open to anyone who wishes to comment on the topic

For the major players named in this analysis China National Tobacco Corporation, Philip Morris International, British American Tobacco, Japan Tobacco International, Imperial Brands, and Altria Group the coming decade will be defined less by whether the category grows and more by how effectively each company balances its legacy combustible business against the innovation, regulatory navigation, and distribution investment required to capture the industry's next phase of value creation