🇦🇺 Australia has made cigarettes the most expensive in the world by constantly hiking taxes, hoping people would simply stop smoking.
Smoking rates have dropped a lot, but the plan is backfiring in a big way.
A massive black market has exploded. Illegal packs are everywhere for a fraction of the price, organised crime is making serious money, and the government is losing billions in tax revenue.
Classic case of good intentions meeting harsh reality.
Writer: Daniyal
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Kirk A. West @kirkwest_ ·
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This happened in Ontario back in the early 90s. You could buy cartons right out of the trunks of everyday people’s cars. It was rampant. Eventually, the government lost so much revenue they cut taxes more than 50% and the price of cigarettes plummeted and people started buying legally again.










































































