The only downside I could think of is poor addicts who want a fix but can't buy some smokes. However, this may be a good thing to some people. I want a complete negative characteristic of cigarette taxes. It could be economic related or personal. Anyone got some?
2007-05-02 15:02:28 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes
They artificially jack the price of a legal but addictive product.
The impact on the poor is far greater than the well-to-do.
In many cases, higher taxes trigger black marketing activity, often at the hands of orgainized crime.
Tax revenue is often lost to border states with lower tax rates.
Increased tax can result in reduced consumption and therefore reduced tax revenue.
The excuse often offered for raising taxes is that the increased revenue will go towards healthcare and cessation programs however most taxes go straight to the General Fund where it's not possible to accurately track where the money actually goes.
2007-05-02 17:15:57 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
If they jack the prices up high enough on an addictive substance people will have to steal to afford them. I do not believe the lies about higher health care costs because of smoking. Die younger = less costs vs years spent in a nursing home with good lings and a failing body and mind.
2007-05-02 15:12:52 · answer #2 · answered by tmilestc 4 · 0⤊ 0⤋
through fact the taxation is on tobacco and an digital cigarette isn't a tobacco product i won't see how that's taxed. so a great way as i'm conscious the digital cigarettes create a flavoured vapour and are utilized at the same time with nicotine patches. i'm optimistic customs and excise could have concept-approximately that by using now.
2016-10-14 10:00:02 · answer #3 · answered by Anonymous · 0⤊ 0⤋
It's bull in my opinion there are some politicians who work to empose the tax b/c as the price increases less people are willing to buy (supply vs. demand) while others say we need to tax smokes to help pay for the increased medical costs that smoking can lead to.
They're both bs in my opinion, if smokes are bad for you they should not be allowed to be sold and I doubt that medical costs increase from smoking b/c you die at a younger age. Additionally and adict will pay any price to get their fix.
2007-05-02 15:09:09 · answer #4 · answered by Anonymous · 1⤊ 0⤋