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Well, I tried to stay away... Here are figures from the latest Commonwealth budget, and the latest inter-generational report: http://imgur.com/a/UWFAa http://i
by spangry 10y ago
Well, I tried to stay away...
Here are figures from the latest Commonwealth budget, and the latest inter-generational report: http://imgur.com/a/UWFAa http://imgur.com/a/UWFAa
Tobacco excise takes in $9.4bn in revenue per year, and is expected to hit north of $10.5bn over the next four years, due to the recent excise hike. This will make tobacco the largest 'earner' when it comes to excise and customs duty (even beating diesel and petrol).
The IG report contends (as it has for many years now) that when people hit about age 62, their individual tax / revenue curves cross-over. By 70, they are receiving public expenditure 2.5 times greater than the tax they pay. By 75 it's about 3 times. By 80, it's about 4.5. And before anyone plays the "you're a monster" card, I also think it's good that people are living longer and not dying from smoking related illness.
But I would suggest that public finance is not the strongest grounds to argue anti-smoking on. The fact that it kills so many people, in pretty awful ways, is more than enough justification for us to try and hasten tobacco's demise. Please think carefully about the issue, because you'll be better able to pressure our politicians to take more effective action (and also make it impossible for them to quietly go backwards).
- tmnvix 10y agoThank you. I agree that we shouldn't be arguing in favour of anti-smoking regulations on the grounds of financial cost (esp. with regard to the health budget). There are, as you say, much better grounds to base the argument on. Exaggerated figures such as the $2B / $30B given above just help to discredit the entire argument. I prefer that my government not try to manipulate me with dodgy statistics (even if we largely agree on the goal of reducing smoking).