15 Mar 2010
The most effective method to reducing tobacco consumption is to increase the price of tobacco products through tax increases. Higher tobacco prices encourage smokers to quit and prevent youth from starting to smoke. A 10 per cent increase in cigarette prices reduces overall consumption by about 4 per cent in high-income countries and 8 per cent in low/middle-income countries.
The Campaign for Tobacco-Free Kids (CTFK) has released a new set of fact sheets on taxation and price for tobacco products.