Tobacco Tax: Taxes at Any Price
People will stick with cigarettes, which, although more harmful than the alternative, will bring more taxes into the state coffers. After three years, tobacco tax increases are back on the table. In English, it is known as the “sin tax”. Similar to the tax on alcohol or beer. The public perceives these taxes as a way for consumers of addictive substances to ‘pay’ for their sins. The truth is that smokers pay a lot.