Lance Armstrong Takes on Big Tobacco in Tax Fight

Lance Armstrong Takes on Big Tobacco in Tax Fight Play

June 5 (Bloomberg) -- Bloomberg's Betty Liu reports that former Tour de France champion Lance Armstrong has put up $1.5 million of his own money behind a campaign to raise California's cigarette tax by $1 per pack. The tax is up for a statewide vote today. She speaks on Bloomberg Television's "In The Loop."

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