October 8, 2009 2:42 AM
- Text
Englishman Helps U.S. Tobacco Fans Dodge Taxes
This story was filed by CBS News producer Amy Guttman in London.
From his kitchen table in England, Jack Basharan is helping thousands of American smokers avoid paying U.S. taxes on tobacco.
Jack's mail order, grow your own tobacco business has blossomed since April, when the American government raised tobacco taxes to more than a dollar per pack of cigarettes. Jack's revenue shot up more than 10,000 dollars.
It's unlikely Jack will bankrupt the big American tobacco companies, but the seeds he buys from the U.S., then packages and sells back to American smokers mare helping him beat the recession, and his customers beat Uncle Sam.
CBS News London producer Amy Guttman has the full story:
Jack's mail order, grow your own tobacco business has blossomed since April, when the American government raised tobacco taxes to more than a dollar per pack of cigarettes. Jack's revenue shot up more than 10,000 dollars.
It's unlikely Jack will bankrupt the big American tobacco companies, but the seeds he buys from the U.S., then packages and sells back to American smokers mare helping him beat the recession, and his customers beat Uncle Sam.
CBS News London producer Amy Guttman has the full story:
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