This is effectively a Pigouvian tax, and will absolutely keep some people from smoking.
Also higher prices do not necessarily mean the industry is making more money. Far more likely, given the saturation of competition, that they simply cost more to make.
Would you like a citation on what Pigouvian taxes are, how the cigarette industry is flooded with competition, or that putting further regulations on products makes them more expensive to produce?
I assumed you could Google any of these but I can do it for you. Fair warning, you’ll be getting a “let me Google that for you” link.
Not one of these facts is even remotely controversial so my mind is a bit boggled that you’d even try to contest any of them
This is effectively a Pigouvian tax, and will absolutely keep some people from smoking.
Also higher prices do not necessarily mean the industry is making more money. Far more likely, given the saturation of competition, that they simply cost more to make.
Thanks for your opinion.
This is not an expression of an opinion. These are statements of fact. As in our other discussion, I am simply explaining things to you.
You not liking these facts does not make them less true.
Then where’s your data?
Would you like a citation on what Pigouvian taxes are, how the cigarette industry is flooded with competition, or that putting further regulations on products makes them more expensive to produce?
I assumed you could Google any of these but I can do it for you. Fair warning, you’ll be getting a “let me Google that for you” link.
Not one of these facts is even remotely controversial so my mind is a bit boggled that you’d even try to contest any of them
So you have nothing to support your claims. Got it.