cigarette tax nz New Zealand scraps its plan to ban smoking : NPR Higher excise taxes harm not
Higher excise taxes harm not only the consumer, but the country. They may seem well intentioned, but they create illicit and illegal trading. With warnings from RetailNZ claiming one third of the tobacco National government criticized for tobacco tax breaks amid healthcare underfunding Continuing annual tobacco tax increases: New modelling of the likely impact PHCC Allowances CHC QZN New Zealand's tobacco excise is backfiring. With tax making up ~80% of the price of cigarettes, a booming illegal market is stepping in. That means: more money for gangs, less for taxpayers New Zealand's new government scraps world leading smoking ban to fund tax cuts CNN
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