California Gov. Arnold Schwarzenegger vetoed the bill which would have permanently set malternatives state excise tax rate equal to that of beer, as it is in 49 other states, striking a blow to the FMB category.However, the silver lining is that he hinted that he may not veto a future bill, as the issue is unresolved. He said that he exercised his veto because the measure appeared late in the session and only had one full hearing.Says Arnold: "I encourage
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