cigarette increase paper research tax

The President’s proposal to raise the federal excise tax on tobacco products and use the additional revenue to expand preschool education, which he included in both his fiscal year 2014 and 2015 budgets, could achieve the dual goals of reducing the number of premature deaths due to smoking and raising an estimated billion over ten years to finance early childhood education.  Tobacco taxes are a proven strategy to reduce smoking, particularly among teenagers and low-income people.  Given the high health costs of tobacco use, reducing smoking rates would lead to substantial health gains.  Moreover, youth and lower-income people would benefit disproportionately from improved health, partially offsetting the regressivity of tobacco taxes, and lower-income children and families would be the primary beneficiaries of the expanded availability of early childhood education that these tax revenues would finance. Smoking Causes One in Five Deaths in the United States Cigarette smoking is the leading cause of preventable disease in the United States.  According to the Centers for Disease Control and Prevention, it accounts for about 443,000 deaths each year, or about 20 percent of all deaths.[2]  (Some 50,000 of these premature deaths are from secondhand smoke.)  The Surgeon General estimates that approximately half of today’s 44.8 million smokers will die prematurely from smoking-related diseases.[3]  Smokers are two to four times more likely than nonsmokers to develop coronary heart disease.  Even low levels of tobacco exposure, including occasional smoking or secondhand smoke, increase the risk of poor cardiac health.[4] Male smokers are 23 times more likely, and female smokers are 13 times more likely, than nonsmokers to develop lung cancer.  Smoking causes 80-90 percent of deaths from lung cancer.[5] Smoking doubles the risk of stroke.[6] Smoking during pregnancy.
Taxes on Cigarettes :: 1 Works Cited :: 1 Sources Cited Length: 845 words (2.4 double-spaced pages) Rating: Red (FREE)   - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Taxes on Cigarettes The article “Smoke Signals”, by the New York Times and the New Jersey Sunday edition, presented an overview of for the state of New Jersey’s recent decline in cigarettes bought in the last year. The article starts off by explaining to the reader how smokers took a financial beating at the cash register every time they went to a convenience store to buy cigarettes. In a smokers reduction movement the state of New Jersey doubled the sales tax on cigarettes forcing smokers to spend an extra forty cents on every pack they bought. Len Fishman, the state commissioner of Health and Senior services, stated that the tax increase was meant to drive down the consumption entirely. As Mr. Fishman traveled around the state he discovered that many people were already trying to quite smoking, they just never had the right physical motivation to pursue their goal. These people explained that the dramatic increase on tax was the finale straw that broke the camels back, and provided the right motivation for them to quite smoking. The tax increase put New Jersey behind only Hawaii and Alaska at a pack, and Washington state at 82.5 cents a pack. Over a six month period the revenue collected from cigarette sales had dropped by 12 percent. For 1998 the revenue earned by cigarette sales should have been roughly 54.2 million cartons, but with the tax increase that number had been dropped to 47.4 million cartons. This gap represents a 6.8 million carton difference, an outstanding decrease in cigarette sales. To all smokers the tax increase means a substantial amount of money will be necessary to maintain their habits. Some smokers will go through great lengths to save as much money as.
NBER Working Paper No. 18326 Issued in August 2012 NBER Program(s):   HE There is a general consensus among policymakers that raising tobacco taxes reduces cigarette consumption. However, evidence that tobacco taxes reduce adult smoking is relatively sparse. In this paper, we extend the literature in two ways: using data from the Current Population Survey Tobacco Use Supplements we focus on recent, large tax changes, which provide the best opportunity to empirically observe a response in cigarette consumption, and employ a novel paired difference-in-differences technique to estimate the association between tax increases and cigarette consumption. Estimates indicate that, for adults, the association between cigarette taxes and either smoking participation or smoking intensity is negative, small and not usually statistically significant. Our evidence suggests that increases in cigarette taxes are associated with small decreases in cigarette consumption and that it will take sizable tax increases, on the order of 100%, to decrease adult smoking by as much as 5%.    (285 K) The NBER Bulletin on Aging and Health provides summaries of publications like this.  You can sign up to receive the NBER Bulletin on Aging and Health by email. Acknowledgments Machine-readable bibliographic record - MARC, RIS, BibTeX Document Object Identifier (DOI): 10.3386/w18326 Published: Kevin Callison & Robert Kaestner, 2014. Do Higher Tobacco Taxes Reduce Adult Smoking? New Evidence Of The Effect Of Recent Cigarette Tax Increases On Adult Smoking, Economic Inquiry, Western Economic Association International, vol. 52(1), pages 155-172, 01. citation courtesy of Users who downloaded this paper also downloaded these: Evans, Ringel, and Stech Tobacco Taxes and Public Policy to Discourage Smoking Huang and Chaloupka w18026 The Impact of the 2009 Federal Tobacco Excise Tax Increase on Youth Tobacco.