The feds are talking about jacking up cigarette taxes by over 150% from thirty some cents a pack to a dollar.
At the same time our state is also considering a major increase to the cigarette tax, something they've done several times the last few years.
I've never been a smoker, but I know when I was a kid a carton was in the $15 range, today a name brand can easily run $40 here in Wisconsin.
More and more I'm noticing the local and federal government raising so called sin taxes, I think because they can do it under the guise that it's for the better health of the people, but also because they know that only a minority use these products so the complaint levels will be minimal.
My concern though is that the thinking on this seems so short sighted. We keep raising these taxes because we're running out of ways to raise money. But what happens when people actually STOP smoking? At some point they will and these HUGE revenue streams for the states and feds will go away. What then?
I know they make the argument that smokers cost our health systems untold billions in expenses, but at the same time, if everyone who smokes adds on another 5 - 10 years to their life because they quit smoking isnt' that going to seriously affect our health care system too? The last ten years of anyones life tend to require a lot more medical attention that the years that come before them.
I agree completely. And, as morbid as it is, that the life span of the average American has increased is one of the problems with dwindling social security.
Does anyone know any stats on the number of smokers now, as opposed to 10 and 20 years ago? What about the numbers of teenagers who smoke? I'm getting the impression that the peer pressure to smoke is kind of being outweighed by the stigma of smoking. It's no longer cool, it's becoming taboo.