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Proposition 56: Business Analysis

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Proposition 56: Business Analysis
If Proposition 56 is passed during the Ballot of 2016, many lives will be saved from the wrath of tobacco products. Many consumers of tobacco products are slowly dying after every toke taken because of the chemicals in each cigarette. Now tobacco companies are spending millions to defeat Proposition 56 because in every other state that’s raised tobacco taxes, smoking rates go down (Yeson56). If smoking rates are going down because of the tax increase, that means that less smokers. The lower the rate of smokers will mean less death caused by tobacco production and more healthier lives. “In California alone, some 40,000 adults die each year as a result of smoking or secondhand smoke, and the amount spent annually on healthcare directly related …show more content…
Saving lives is the main goal for every other state. On the other hand, tobacco companies’ production is causing many deaths in the communities. If the prices are raised higher thatto the point it’s too expensive, lives will be saved from the harmful diseases tobacco products cause because buyers will not intend to buy seeing the price(SF Chronicle). As the price is raised higher, the less will be able to afford the inconvenience price. Tobacco companies have spent $170 million in California in the past decade to influence politicians and defeat tobacco taxes, while 40,00 Californians die from their products every year (David C. Isom). Tobacco companies know what their production can do to their consumers, but companies are willing to protect and fight against those who is a threat to their progress. Throughout the years, most of the deaths we have seen are caused by guns, accidents, drinking problems, or deadly diseases. But one we do not see often that causes the most death of all combine is smoking (Yeson56). On the news, the deaths we seen are usually broadcast, the same way people are always dying. On the other hand, what we do not see is why or what’s the reason. Death caused by tobacco production are never shown out to the public because of how much companies spent and …show more content…
Many low-income families do not have a good affordable healthcare, but with the tax increase will be benefit both insurance and families. According to Ramona Giwargis, the money that Proposition will bring in for the poor and low-income families. The oppose argue that this tax will be given to those need. On the other hand, all of this is to benefit the families in need and prevent beginners to start (Ramona Giwargis). There is two wins in one try. One is that many families will be supported and two was that companies will be supported. Families who cannot support their families with Medi-Cal have better support now and coverage because of extra money collect from the Proposition 56. Another is that companies will be supported as well because the predicted estimate income from the proposition will be $1.7 billion. Some of the money will be shared with them to support the companies money-wise. “The major beneficiary would be Medi-Cal program, which would receive between $710 million and $1 billion in 2017-18, according to the Legislative Analyst’s Office” (SF Chronicle). This will be a huge benefit to those who have Medi-Cal because more money will be add their insurance and being able to fill fully protected knowing that a bit more to expected than

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