australian cigarette tax New estimate says 80% of tobacco Australians consume is from the black market Australia developed the strictest tobacco
Australia developed the strictest tobacco taxes and restrictions in the world. Years on, it's backfired horribly. : r videos We pushed the tobacco excise up and up, and what did we get? A Laffer Curve mostly not because smokers stopped smoking, but because it pushed them into the arms of criminal Australia set out to tax cigarettes into oblivion. Instead, an excise now worth ~83% of a pack's price has spawned a $5.6bn black market more than half of all tobacco sold Cigarettes are seen on the shelf on May 04, 2016 in Sydney, New South News Photo Getty Images
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