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  • Anforme Why does the Government Tax Smoking? How Effective is this Taxation?

Anforme Why does the Government Tax Smoking? How Effective is this Taxation?

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Steve Earley considers the reasons why consumption of tobacco is the subject of heavy taxation and the effectiveness of present UK policy

Summary of Key Points:

  • ·         Market Failure: Tobacco as a de-merit good and negative externalities

 

  • ·         The Taxation Response

 

  • ·         Conclusions

·         Questions for Discussion, Summary of Key Points and Taking it Further

This article appeared in ET Volume 12 issue 1

Steve Earley considers the reasons why consumption of tobacco is the subject of heavy taxation and the effectiveness of present UK policy

Summary of Key Points:

  • ·         Market Failure: Tobacco as a de-merit good and negative externalities

 

  • ·         The Taxation Response

 

  • ·         Conclusions

·         Questions for Discussion, Summary of Key Points and Taking it Further

This article appeared in ET Volume 12 issue 1

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