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The Round Table
Soaring Tobacco Prices ?
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<blockquote data-quote="Doc Manhattan" data-source="post: 145728" data-attributes="member: 341"><p>For many premade cig smokers in the US, tobacco is effectively already more than $150/lb. </p><p></p><p>In NYC, it's twice that on brand-name cigs. And yet 1.5 million New Yorkers smoke--the same number of total smokers as in Missouri, the state with the lowest cigarette taxes. Rates of smoking have been relatively flat through the last few years' higher and higher levvies. And it doesn't seem they're smoking significantly less, either.</p><p></p><p>If you want to know why tobacco prices and taxes keep going up, it's because the market says they can. Why do you think Philip Morris has backed the last half-dozen tobacco tax hikes? Very few smokers, regardless of price, boycott smoking. Some will quit; many will just keep paying.</p></blockquote><p></p>
[QUOTE="Doc Manhattan, post: 145728, member: 341"] For many premade cig smokers in the US, tobacco is effectively already more than $150/lb. In NYC, it's twice that on brand-name cigs. And yet 1.5 million New Yorkers smoke--the same number of total smokers as in Missouri, the state with the lowest cigarette taxes. Rates of smoking have been relatively flat through the last few years' higher and higher levvies. And it doesn't seem they're smoking significantly less, either. If you want to know why tobacco prices and taxes keep going up, it's because the market says they can. Why do you think Philip Morris has backed the last half-dozen tobacco tax hikes? Very few smokers, regardless of price, boycott smoking. Some will quit; many will just keep paying. [/QUOTE]
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