Posts tagged: revenue

What would a smoke-free America cost the government?

Tweet New York Mayor Michael Bloomberg and others in the anti-tobacco movement are working to turn America into a land without smokers. But what would an America without smokers look like? Leaving aside the fact that more than 20 percent of Americans would be gone (or, more likely, extremely irritable), cigarettes bring in significant revenues for state and federal government. In Fiscal Year 2010, the federal excise tax on cigarettes (currently $ ... Jump to full article >>

Cost of smoking higher than revenue

Tweet Today, tobacco is deeply entwined in Chinese culture, from the compulsory cigarettes given to male guests at almost every wedding, to the glossy images of national icons that adorn cigarette packets. It is estimated that tobacco kills a million Chinese each year, says Yang Gonghuan, deputy head of China’s National Tobacco Control Office. China’s smokers puff their way through a bounty of cigarettes given as gifts on special occa ... Jump to full article >>