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In the UK tobacco is heavily taxed and those taxes bring in more money than the cost on the healthcare service.
by mytailorisrich 6mo ago
In the UK tobacco is heavily taxed and those taxes bring in more money than the cost on the healthcare service.
- falcor84 6mo agoInteresting - do you have a link about the financial accounting around this?
- nephihaha 6mo agoI do not have the specific info/ref to hand, but at one point some years ago, smoking brought in something of the order of nine times as much into the NHS as it spent on smoking related illnesses. I was very surprised by this.
- SideburnsOfDoom 6mo agoEven so, the NHS's goals are rightly such that greatly reducing the harm done by smoking is preferred over keeping this revenue. Unlike a tobacco company that would not factor harms external to the organisation into the profit and loss calculation.
- mytailorisrich 6mo agoIf you google it, revenue is at £8 billion (Office for Budget Responsibility) and in decline, and NHS spending is at £2.6 billion in England, so the bulk of it (NHS England).
- Findecanor 6mo agoYou can not put a price on human suffering.