A new minimum excise tax (MET) will raise costs of the most affordable cigarettes and increase cigarette sales on online cigarette stores. During his Budget speech within March 2017, chancellor Philip Hammond announced. The alleged floor on cigarettes relies on a pack worth of £7.35. A MET is effectively a floor value that may hike […]
The evidence is additionally beginning to emerge that tobacco tax policies expedite the industry’s pricing power (and therefore its profitability). Once tobacco tax rates are high, manufacturer’s profits represent the solely a little share of the retail price. Will increase in these gains. As a result of they create a relatively minimal contribution to the […]
Most people in the Western world have lived their entire lives with the knowledge that cigarettes going to become so costly because of greedy governments trying to squeeze every penny they can get out of smokers. This is not the whole truth. According to the World Health Organization, the reality of the situation is that […]
