Tobacco smuggling
Tobacco smuggling has a significant impact on public health and the revenue benefits of increased taxation. An increase in taxation of 1 per cent would be expected to decrease tobacco consumption by 0.4 per cent. The tobacco industry cites smuggling as a reason not to increase tobacco taxes but it should be remembered that in years when the minister of the day has not increased tobacco taxes, the tobacco industry itself has increased the price in order to boost its own profits. The international tobacco industry itself has had to pay billions of euro in settlements and fines for its role in smuggling. There should be the introduction of an environmental levy on tobacco to help offset the environmental damage caused by tobacco.
http://www.irishtimes.com/opinion/letters/tobacco-smuggling-1.2232361
Related Posts
Oireachtas committee sought action on cigarette smuggling in 2013
An Oireachtasdommittee wrote to the justice minister in March 2013 highlighting...
Gold worth nearly ₹45L seized at Cial
Kochi: Sleuths of the Customs Air Intelligence Unit (AIU) on Tuesday foiled yet...
New York Loses $400 Million After Imposing The Nation’s Highest Cigarette Tax.
It holds the dubious honor of having the highest cigarette taxes in country, with...
Thirteen people arrested by authorities in Victoria, WA in operation targeting illegal tobacco trade
Police have arrested 13 people — some with alleged links to a Middle Eastern...