Smoking declines — thanks to higher taxes

Tweet Smoking is at historic lows in the United States, 18.9 percent, according to the Centers for Disease Control. That’s about a full percentage point below where it was before the 2009 hike in the federal tax on a pack of cigarettes from 39 cents to $1.01 — a stunning victory for public health and the public purse. In the 2000s, national smoking rates plateaued at around 20 percent, prompting calls for higher taxes to discourage smokers. C ... Jump to full article >>

Could smoking bans be the new indicator of economic growth?

Tweet You might not expect Russia, the world’s second-biggest cigarette market, where 42% of the population smokes, to be thinking of limiting the vice. Yet the country is mulling “smoke-free” measures that would ban tobacco ads, boost taxes on cigarettes and prohibit smoking in public places across the country by 2015. Public smoking bans are spreading in many emerging economies. Cigarette firms could once rely on these markets to prop up ... Jump to full article >>