this post was submitted on 22 Sep 2023
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The (stopped?) trend in the US had been to tax cigs to make them unaffordable. Just before the last major hike, my brand was about $5/pack. Now it is $10-12. So glad I quit.
Is that a viable strategy, to continue tax/price hikes?
Did it stop you smoking? If so, then yes it worked.
Every 10% increase in cigarette tax results a 4% reduction in consumption among adults, and a 7% decrease amongst youth. Source
It was a minor motivator for me. Bigger ones were things like not dying and my son.
Interesting stats, thanks.