Let me be super clear, smoking was dumb as hell and I wish I had never picked up the habit.
But endless taxation increases have diminishing returns when the product remains legal.
An illegal pack of smokes is less than half the price of a legal one.
#auspol #vaping #tobaccowars
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But endless taxation increases have diminishing returns when the product remains legal.
An illegal pack of smokes is less than half the price of a legal one.
#auspol #vaping #tobaccowars
👇🧵
Comments
At the consumer level policing is just far too resource intensive.
#auspol #vaping #tobaccowars
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But they keep moving at pace in the Black Market. At 10m units per month with an average consumer price of $45.
#auspol #vaping #tobaccowars
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That is 120m single use batteries improperly disposed of.
Potentially a multi-billion dollar tax gap.
#auspol #vaping #tobaccowars
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And all of this is due to the negligence and cowardice of all Federal Governments and their inability to make the right legislative call.
#auspol #vaping
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Move vaping into a retail rather than pharmacy setting.
#auspol #vaping
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I have very little faith that any Federal authority in Australia can divorce itself from its addiction to Sin Taxes.
#auspol #vaping