The Australian government plans to raise $5.3 billion
in taxes from the sale of cigarettes through a 12.5%
annual tax hike every year through 2016. This means
the price of your average pack of smokes Down Under
will go up 5 dollars. Supposedly a goodly portion will
be allocated for cancer related services. Let us hope.
RTS believes this is one of the best ways to curtail the
use of tobacco, by pricing it "out of reach..." and
advocates that America adopt greater implementation
of this approach to reduce our own nicotine addiction.
Australian govt to raise 5.3 billion through cigarette taxes
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