John Kerry: “I ask the Senator further, having acknowledged, then, that to raise the price of tobacco you basically wind up…”

“I ask the Senator further, having acknowledged, then, that to raise the price of tobacco you basically wind up essentially where we are in this legislation, or somewhere near it, because any time you raise the price of tobacco--and, being an economist, the Senator from Texas, I know, will agree--there is no way a tobacco company is simply going to absorb that price, they are going to pass it on. Ultimately, whatever raising of the price of tobacco takes place will be passed on to the tobacco consumer in one form or another. I know the Senator would agree with that.”