Public health vs public finance
January 29, 2025 by bworldonline.com
Public health vs public finance
Congress is introducing new tobacco tax measures, including a tracking system and lower tax increase rates for cigarettes and vaping products. The bills aim to combat smuggling but may not eliminate it. The move to lower tax rates is controversial, as high taxes have reduced smoking rates. Concerns arise over youth tobacco use due to weak regulations and accessibility. Strengthening enforcement, particularly at the local level, is crucial. Policymakers are urged to prioritize public health over revenue collection and consider stricter regulations on flavored nicotine products. Continuous efforts are needed to prevent underage smoking and maintain progress in reducing smoking prevalence.
