Baring in mind there are appx 13m smokers in the UK how much money would the govt lose if we all stopped smoking now?
2006-11-04 21:30:55 · 13 answers · asked by Malcolm C 1 in Social Science ➔ Economics
The Treasury earned £8,103 million in revenue from tobacco duties in the financial year 2004-2005 (excluding VAT).
2006-11-05 01:20:47 · answer #1 · answered by Dirk N 3 · 0⤊ 0⤋
Smoking will never be completely banned due to the amount of revenue that it brings in to governments. We all know now that smoking can kill us, cancer is not a scare tactic, it is true... but the government will ban something almost immediately if they fear there may be a slight health risk with something!!!
They know smoking kills... period... yet they don't ban it !! Yes it's definately down to the billions of £ or $ they gain from it.
Luckily for me I gave up smoking when I reached 10... lol... I was 21 really and I am really happy to have quit the habbit. Not only was it expensive and dangerous, people who smoke don't realise that they stink !! I am not trying to be cruel here, it's just the way it is... Try going out to a club where smoking is allowed or a heavily smoke filled pub, put your clothese afterwards in a sealed box and go to sleep. Next morning take a whiff of the clothes.... urgh...
Rant over.... quick quote from me "They make Billions every year"
Charlie (The smoke free zone)
2006-11-04 21:44:24 · answer #2 · answered by my_pants_are_inside_out 2 · 1⤊ 0⤋
Well Lets See,
Say Theyre Worth 10$
And You Buy A Pack Every Day
And Theres 13 m People
Do The Math >.< They Make BILLIONS Of Dollars.
2006-11-04 21:35:17 · answer #3 · answered by alyssa! 3 · 0⤊ 0⤋
The government will lose a sh*t load of money....why else do you think they are trying to impose new taxes like the green tax, and pay per mile. They have to plug the gap somewhere.....but to take it out on the motorist again? that's crap and they know it....it is time to storm parliament to let them get the message..It's getting to the stage where we are all working for nothing because all our hard earned cash goes in taxes......quite ironic that they DO nothing yet get as much money as they want to award themselves, and if they can't make ends meet then take 1,000's in expenses.
2006-11-04 21:44:42 · answer #4 · answered by kbw 4 · 0⤊ 0⤋
12 million smokers £1 goes to government. That is £12 million.
2006-11-04 21:37:20 · answer #5 · answered by jdratbull 2 · 0⤊ 0⤋
Hi, that's a good question....I can only say I know it is plenty!!!
and the more smokers that quit will make the tax on them go higher.....if everyone quit ...they would lose a lot of revenue!
2006-11-04 21:47:37 · answer #6 · answered by KorvetteKaren 4 · 0⤊ 0⤋
Much more than goes back into the health service from them.
2006-11-04 21:40:34 · answer #7 · answered by Phlodgeybodge 5 · 0⤊ 1⤋
Does not bear thinking about, but I bet they screw more out of the car owners
2006-11-04 21:38:39 · answer #8 · answered by ? 6 · 0⤊ 0⤋
a good amount. but we lose a bit from all the healthcare we give to smokers.
2006-11-04 21:32:46 · answer #9 · answered by Milo 4 · 0⤊ 1⤋
initially lots
but eventually we would save that on health service
2006-11-04 21:32:59 · answer #10 · answered by q6656303 6 · 0⤊ 1⤋