EDITORIAL: Taxing cigarettes is a tricky business
Hiking taxes on tobacco products risks making the illicit market bigger and more lucrative
15 September 2020 - 05:10
With the exception of tobacco companies and their shareholders, it’s hard to find anyone who disputes that having fewer smokers would be a good thing.
Governments all over the world have tinkered with their tax policies to encourage citizens to kick the nicotine habit even though it means less tax revenue, because that would be more than balanced out by fewer people seeking medical care in public hospitals. ..
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