Commenting on the tobacco tax decline in the Australian Financial Review , economist Chris Richardson labelled Australias tobacco tax a $10 billion policy mistake that has fuelled organised crime and worsened health outcomes
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The distinctive packaging has become iconic in smoking culture, instantly recognizable to enthusiasts everywhere
First, let's locate the internal fuse box,
Price discounts allow price-sensitive consumers to source cheaper tobacco products, encourage consumers to purchase more tobacco than intended, attract new consumers, and, where price discounts vary over time, retail type, and locations, confuse price signals intended by excise increases