PM Imran Khan approves health tax on cigarettes, carbonated drinks & energy drinks

Qalandar

Chief Minister (5k+ posts)
LOL numerous studies have shown that cigarettes tax results in inelastic demand which results in no significant decrease in cigarette consumption and instead tobacco consumers switch to alternatives such as hand rolled cigs or bidis in low income countries.
 

Dream Seller

Chief Minister (5k+ posts)
Yeah and Americans didn’t refer to those numerous studies and they raised prices of cigarettes pretty much everywhere. I’m not a smoker but since some of my friends are and in NY price per pack went up significantly in the past few years.
What a pathetic logic Qalandar just like your leader...get a life
 

aazad.mubassir

Minister (2k+ posts)
Good initiative. Cardiac Hospitals should be equipped with latest machinery and labs with the new Health tax. Soft drinks and power drinks are playing a major role in growth of Diabetic patients and cardiovascular disease.
 

Munawarkhan

Chief Minister (5k+ posts)
LOL numerous studies have shown that cigarettes tax results in inelastic demand which results in no significant decrease in cigarette consumption and instead tobacco consumers switch to alternatives such as hand rolled cigs or bidis in low income countries.

Agreed, consumption doesn't go down, but it acts as a barrier for new entrants.
 

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