Australia's tobacco tax crushed smoking. Has it gone too far?
www.abc.net.au
A decade ago, illegal cigarettes made up about 10 per cent of sales in Australia. Now it's 80 per cent, so how did we get here?
  • tankiesmasher@aussie.zoneEnglish
    9·
    9 days ago

    If the market continues to trend downwards then illegal trade will fall as well until it’s below pre-excise levels.

    If the market plateaus with the illegal market still above pre-excise levels then I’d agree they should remove the excise and call the policy a failure… Well, maybe, you might be able to argue some marginal increase is worth a massive decrease in smoking, not 4x, but maybe 1.1-1.3x.