🚬 The Real Price of a Pack of Cigarettes: Taxes, Store Profits, and Why Prices Keep Going Up…

share of a cigarette pack’s price.

Governments often apply two main types of tobacco taxes:

• Specific excise taxes, which are fixed amounts charged per pack.
• Value-added taxes (VAT) or sales taxes, calculated as a percentage of the selling price.

Because these taxes can be substantial, they often represent well over half—and in some places, more than three-quarters—of continue reading …