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Why are cigarettes and alcohol taxed 2024?

Benjamin Stewart | 2023-05-07 23:59:15 | page views：1880
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Lucas Jackson

Works at the International Development Association, Lives in Washington, D.C., USA.
A heavy smoker or an alcoholic is unlikely to reduce consumption because of a price rise, making sin taxes an unreliable way of reducing consumption or improving public health. Sin taxes hit moderate and heavy users alike. ... Taxes on cigarettes and alcohol are regressive and hit the poor hardest.
2023-05-08 23:59:15
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Ethan Davis

QuesHub.com delivers expert answers and knowledge to you.
A heavy smoker or an alcoholic is unlikely to reduce consumption because of a price rise, making sin taxes an unreliable way of reducing consumption or improving public health. Sin taxes hit moderate and heavy users alike. ... Taxes on cigarettes and alcohol are regressive and hit the poor hardest.
The Wages of Sin Taxes: The True Cost of Taxing Alcohol, Tobacco ...
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