Should we raise taxes to reduce tobacco use?

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Evan Cronin asked a question: Should we raise taxes to reduce tobacco use?
Asked By: Evan Cronin
Date created: Sat, Jul 31, 2021 5:25 PM
Date updated: Wed, Aug 17, 2022 6:00 PM

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Top best answers to the question «Should we raise taxes to reduce tobacco use»

  • Moreover, increases in taxes should be meaningful and they should not be phased in, so that they have the strongest effect on changing tobacco use behaviors. We know that for every 10 percent increase in cigarette price, overall cigarette consumption is reduced by 3 to 5 percent. Thus, the higher the tax, the higher the decrease in tobacco use.

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