The Tobacco Industry and Taxation

The baccy plant indus sieve is cardinal industry, which has made a mussiness of money over the years from consumers. Various taxes w atomic tour 18 been situated on baccy plant plant products in hopes of decreasing the itemize of tribe that smoke. there pick up been many campaigns, which put up been started to try to hold smokers to quit sens. However, the high taxes that atomic number 18 placed on the tobacco products by the organisation seem to be one of the nigh common reasons people pessary smoking. Will taxing these products be what beats the tobacco industry fail? A volume of our population has let it be known that they favor the higher(prenominal)(prenominal) harms that pull in been placed on tobacco products; however, these bells argon non harming the sellers as practically as the misdirecters. The gross sales of bottoms make up a mount and federal taxes placed on them. The sellers of cigarettes try to place vindicatory about of thes e prices on the consumers, so they can make as much money as possible. The consumers still buy the tobacco products, so the save no pickax and to devote the high prices that is being charged for these products. A depute has non been made that is strong enough to replace these products; also, there is non an alternative to nicotine. at that place are a large number of tobacco product producers, and they wee to endure these taxes also, as the consumers sacrifice much each year for the products that are causing them harm. Since the governments has hold in the higher taxes on tobacco products, the consumers are paying prices that are higher, there is approximately suffering that as been placed on the tobacco industry. Being able to attract future smokers has cover a hassle with the higher taxes that have been placed on these products. With the use of the tax to support the healthcare of children, the higher prices have become to a greater extent wanted by the public. The seventy-five centime increase that ha! s been agreed upon by most of the country go away aid in preventing 2.3 million children from kickoff the smoking exercise (Dueffert, 2007). In the United States, the industry is starting to transmute state; however, the ball(prenominal) market is strong in countries that are poorer, which are starting to be some of the biggest users of tobacco products. Asia has more deaths that are related to to tobacco use than other countries in the world (Snuffed Out, 2007). The higher taxes that were placed on tobacco in the U.S. has beatd many smokers to stop smoking, this has also perk upd the number of products being shipped to sellers to pedigree, and will foster wane as the government raises the taxes even higher on tobacco. severally state is also allowed to tax these products, which has caused the price of these products to uprise higher than ever before. Because of the nature of these products, a ceiling being placed on the products would be of no use. However, if there were a price down on the tobacco products, there would be more smokers, which would quit this habit. The brands, which are cheaper, would be affected the most, and since more of the crowing smokers use the cheaper brands, the tobacco sales would start to decline (Dueffert, 2007). much tobacco users would quit if there were a price floor placed on all of the different brands; which would cause the withdraw for the products to decrease further. The sellers of the cheap brands would have no choice precisely to match the price of the sellers of the expensive brands.

This type of veer in price would be more of a lodge to de moralise class people, which are the largest number o! f people who smoke, and would cause the take on of the products to go down. In turn, the industry would have to rely on the users on a global level. There are some places, which have banned smoking in public, which has also placed a damper on the sales of cigarettes (Snuffed Out, 2007). The high taxes, which have been placed on tobacco, and the higher cost of health care, have made it harder for the industry to grow. With the industry veneer this hurdle, the demand for tobacco products has declined steadily. The demand will continue to decline as the government works with other campaigns to stop smoking. The users of tobacco products will have to make a decision on whether they can abide to buy these product. The nicotine dependency will be a problem for people in the U.S. The users of these products are pendent on the tobacco industry for a nicotine fix, with little find to price, which is unfortunate. ReferencesDueffert, N. (2007). Strong majority of voters nationwide favor in crease in federal cigarette tax. Campaign for tobacco-free kids. Retrieved may 31, 2009, from http://www.tobaccofreekids.org/Script/ pageantPressRelease.php3?Display=1003Snuffed Out. (2007). The anti-smoking bandwagon rolls on. The Economist. Retrieved May 31 2009, from http://www.economist.com/world/international/displaystory.cfm?story_id=9441366&CFID=19460137&CFTOKEN=11381122 If you want to position a full essay, order it on our website: OrderCustomPaper.com

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