Friday 1 February 2013

Tobacco Taxes

Tobacco Taxes Detail
These are taxes on cigarettes and other tobacco products, such as cigars, manufactured tobacco and snuff, but not tobacco produced and processed by the grower for the grower's own use and not for sale. These taxes are reported and paid by licensed wholesalers and manufacturers.Tobacco tax increases offer a win-win-win solution for states, especially as they face a severe fiscal crisis and work to balance budgets while preserving essential public services.
Health Win: Tobacco tax increases are one of the most effective ways to reduce smoking and other tobacco use, especially among kids. Every 10 percent increase in cigarette prices reduces youth smoking by about seven percent and total cigarette consumption by about four percent.
Every state that has significantly increased its cigarette tax has enjoyed substantial increases in revenue, even while reducing smoking. Higher tobacco taxes also save money by reducing tobacco-related health care costs, including Medicaid expenses. States can realize even greater health benefits and cost savings by allocating some of the revenue to programs that prevent children from smoking and help smokers quit.
Tobacco Taxes
Tobacco Taxes
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Tobacco Taxes
Tobacco Taxes
Tobacco Taxes
Tobacco Taxes
Tobacco Taxes
Tobacco Taxes
Tobacco Taxes
Tobacco Taxes
Tobacco Taxes

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