Good News: Smokers Pay Their Own Way

It is likely that cigarette taxes are near the external cost level at current rates of taxation. If the goal is for tobacco taxes to simply account for the purely external costs of smoking, then that policy goal has roughly been achieved. Smokers cross subsidize Social Security, as well as Medicare, meaning smokers receive less [...]

Source: http://healthblog.ncpa.org/good-news-smokers-pay-their-own-way/

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