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News
Tax on packs of cigs going up
November 11, 1998: 3:57 p.m. ET

California's Proposition 10 apparently approved, hiking cigarette tax 50 cents
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LOS ANGELES (CNN) -- The controversial California ballot measure calling for a 50-cent-a-pack tax increase on cigarettes apparently has been approved.
     With all but 200,000 ballots counted, proponents of Proposition 10 rang in with a 57,000 vote lead, making it virtually certain that the measure will succeed.
     Alfie Charles, spokesperson from the California Secretary of State's office, told CNN that the final votes to be counted would have to take a 20 percent swing in the other direction to change the final outcome. The chance of that happening is very unlikely.
     The outstanding ballots are from smaller counties throughout California. Legally they have until Dec. 1 to report the final numbers.
     Proposition 10 was supported by actor-director Rob Reiner, who put large amounts of his own money into the campaign for the measure.
     Once passed, Proposition 10 will use the money collected from the tax increase for children's health care and education. Opponents say very little of the money raised will be allocated to those areas.
     Proposition 10 will take effect Jan. 1, increasing the current 37 cent tax to 87 cents. Back to top

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California Secretary of State Office


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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.