California’s cigarette tax campaign raises more money than all super PACs but one
May 15, 2012
• Only Romney's "Restore Our Future" Super PAC has raised more money
• One tobacco company has put in more to defeat Prop 29 than all of the money collected to support it
Contributions to committees opposing California's Proposition 29, which would raise the cigarette tax to help pay for cancer research among other things, have raised nearly $40 million in contributions, according to figures compiled by MapLight, a Berkeley-based nonprofit, nonpartisan research organization that reveals money's influence on politics.
That amount – almost all of which has come from cigarette makers -- is more than any independent expenditure committee at the federal level except the pro-Romney "Restore Our Future" super PAC, says MapLight.
“To put things into perspective, a MapLight analysis of the most recent data available from the Federal Election Committee shows that Romney's "Restore Our Future" has raised $52 million, "American Crossroads" has raised $28 million, and Obama's "Priorities USA Action" has raised $9 million,” says MapLight.
Philip Morris and associated companies have shoveled more than $27 million into TV commercials, radio spots and other efforts to persuade Californians to defeat the proposal n ext month.
In contrast, the largest contributor to the “yes” campaign is the American Cancer Society, which has put up under $5 million, according to MapLight’s analysis. In all, the campaign to pass the measure has raised $8 million – one-fifth of that of the “no” side.