Predatory pricing, also known as undercutting, is a pricing strategy in which a product or service is set at a very low price with the intention to achieve new customers, or driving competitors out of the market or to create barriers to entry for potential new competitors.
A sin tax is an excise or sales tax specifically levied on certain goods deemed harmful to society and individuals, for example alcohol and tobacco, candies, drugs, soft drinks, fast foods, coffee, sugar, gambling and pornography. Two claimed purposes are usually used to argue for such taxes. In contrast to Pigovian taxes, which are to pay for the damage to society caused by these goods, sin taxes are used to increase the price in an effort to lower their use, or failing that, to increase and find new sources of revenue. Increasing a sin tax is often more popular than increasing other taxes. However, these taxes have often been criticized for burdening the poor, taxing the physically and mentally dependent, and being part of a nanny state.
Net metering allows consumers who generate some or all of their own electricity to use that electricity anytime, instead of when it is generated. This is particularly important with renewable energy sources like wind and solar, which are non-dispatchable. Monthly net metering allows consumers to use solar power generated during the day at night, or wind from a windy day later in the month. Annual net metering rolls over a net kilowatthour (kWh) credit to the following month, allowing solar power that was generated in July to be used in December, or wind power from March in August.
Preventive healthcare consists of measures taken for disease prevention, as opposed to disease treatment. Just as health comprises a variety of physical and mental states, so do disease and disability, which are affected by environmental factors, genetic predisposition, disease agents, and lifestyle choices. Health, disease, and disability are dynamic processes which begin before individuals realize they are affected. Disease prevention relies on anticipatory actions that can be categorized as primal, primary, secondary, and tertiary prevention.
Augustus Owsley Stanley I was an American politician from Kentucky. A member of the Democratic Party, he served as the 38th Governor of Kentucky and also represented the state in both the U.S. House of Representatives and the U.S. Senate. From 1903 to 1915, Stanley represented Kentucky's 2nd congressional district in the House of Representatives, where he gained a reputation as a progressive reformer. Beginning in 1904, he called for an antitrust investigation of the American Tobacco Company, claiming they were a monopsony that drove down prices for the tobacco farmers of his district. As a result of his investigation, the Supreme Court of the United States ordered the breakup of the American Tobacco Company in 1911. Stanley also chaired a committee that conducted an antitrust investigation of U.S. Steel, which brought him national acclaim. Many of his ideas were incorporated into the Clayton Antitrust Act.
The Agricultural Act of 1954 is a United States federal law that, among other provisions, authorized a Commodity Credit Corporation reserve for foreign and domestic relief.
Smoking in Argentina accounts for 15% of total tobacco consumption in Latin America. There are a number of smoking restrictions in place in different jurisdictions, and a nationwide governmental campaign against tobacco smoking and advertising. Since June 1, 2011 a smoking ban in all of Argentina prohibits smoking in workplaces, all public indoor areas, schools, hospitals, museums and libraries, theatres, and all public transport.
Financial incentives for photovoltaics are incentives offered to electricity consumers to install and operate solar-electric generating systems, also known as photovoltaics (PV). A government may offer incentives in order to encourage the PV industry to achieve the economies of scale needed to compete where the cost of PV-generated electricity is above the cost from the existing grid. Such policies are implemented to promote national or territorial energy independence, high tech job creation and reduction of carbon dioxide emissions which cause climate change.
A feed-in tariff is a policy mechanism designed to accelerate investment in renewable energy technologies. It achieves this by offering long-term contracts to renewable energy producers, typically based on the cost of generation of each technology. Rather than pay an equal amount for energy, however generated, technologies such as wind power and solar PV, for instance, are awarded a lower per-kWh price, while technologies such as tidal power are offered a higher price, reflecting costs that are higher at the moment and allowing a government to encourage development of one technology over another.
The history of commercial tobacco production in the United States dates back to the 17th century when the first commercial crop was planted. The industry originated in the production of tobacco for pipes and snuff. Different war efforts in the world created a shift in demand and production of tobacco in the world and the American colonies. With the onset of the American Revolution trade with the colonies was interrupted which shifted trade to other countries in the world. During this shift there was an increase in demand for tobacco in the United States, where the demand for tobacco in the form of cigars and chewing tobacco increased. Other wars, such as the War of 1812 would introduce the Andalusian cigarette to the rest of Europe. This, accompanied with the American Civil War changed the production of tobacco in America to the manufactured cigarette.
In the United States cigarettes are taxed at both the federal and state levels, in addition to any state and local sales taxes and local cigarette-specific taxes. Cigarette taxation has appeared throughout American history and is still a contested issue today.
The Dairy and Tobacco Adjustment Act of 1983 is a United States federal law.
In the United States, Tobacco quotas were a supply control feature of federal price support for tobacco. Burley tobacco was subject to marketing quotas and flue-cured tobacco was subject to marketing quotas and acreage allotments. Tobacco quota owners voted every three years on whether or not to continue with price support and marketing quotas. Producers of several minor tobaccos had disapproved federal support. The national marketing quota was calculated according to a formula specified by law that included consideration of intended purchases by domestic manufacturers, average exports over the preceding three years, and reserve stock requirements. The effective quota was the basic quota plus and minus temporary adjustments for allowable previous year under and over marketings. The Fair and Equitable Tobacco Reform Act of 2004 ended tobacco quotas for 2005 crop and subsequent years.
No net cost is a requirement that certain commodity programs operate at no net cost to the federal government. The No Net Cost Tobacco Act of 1982 required an assessment on 1982 and subsequent tobacco crops to cover potential tobacco price support program losses. The 1985 farm bill required that USDA operate the sugar program for the first time at no cost; a provision repealed by the 1996 farm bill and reinstated by the 2002 farm bill. The 1996 changes to the peanut price support program were designed to ensure that it also operated at no cost. Subsequently, the peanut program was completely changed by the 2002 farm bill, but not in a manner to make it no-net-cost.
Marketing assessments are a term in United States agriculture policy. At times, producers and first purchasers of some supported commodities are required to pay assessments as a contribution toward achieving budget deficit reduction targets. Under the 1996 farm bill, assessments were imposed on sugar processors and on producers and first buyers of peanuts. However, the 1996 farm bill eliminated a milk marketing assessment. The 2002 farm bill eliminated the assessments for peanuts and sugar. Tobacco was subject to a no-net-cost assessment on all marketings to offset Commodity Credit Corporation (CCC) losses on price support loan operations until support was ended in 2005 under the quota buyout provision.
Flue-cured tobacco is a type of cigarette tobacco. Along with burley tobacco, it accounts for more than 90% of US tobacco production. Flue-cured farming is centered in North Carolina. Production was limited by national marketing quotas and acreage allotments. It was eligible for nonrecourse price support loans until 2005, when the quota buyout program ended these programs.
Tobacco has a long history in the United States.
Smoking in Iceland is banned in restaurants, cafés, bars and night clubs as of June 2007. A large majority of Icelanders approve of the ban. At the time the ban went into effect, almost one in four Icelandic people were smokers.
Proposition 29, the California Cancer Research Act, is a California ballot measure that was defeated by California voters at the statewide election on June 5, 2012.
