tobacco taxes

Tobacco taxes are charges placed on cigarettes and other tobacco products to raise government revenue and reduce smoking by making products more expensive. These taxes can be added directly to the price at the point of sale (excise taxes) or included in the retail price. The goal is to discourage tobacco use, especially among young people, and help decrease health costs associated with smoking-related diseases. Higher taxes often lead to lower consumption, encouraging smokers to quit or reduce their intake. Overall, tobacco taxes are a policy tool balancing public health benefits and revenue generation.