For most excise taxes, the base should be the harm or cost-causing element because that best internalizes a negative externalityAn externality, in economic terms, is a side effect or consequence of an activity that is not reflected in the cost of that activity, and not primarily borne by those directly involved in said activity
We are losing these cigarette sales, also other sales, because that individual might come to our store to find menthol, and they are also buying other stuff. Kyle Feldman, vice president at National Convenience Distributors (NCD), one of the largest convenience store distributors in the Northeast, said that banning the sale of menthol cigarettes from Connecticut will lead to thousands of employees losing their jobs and hundreds of millions of dollars in lost tax revenue for the state of Connecticut
To keep progressing, book a follow-up visit at Balgowlah Village Medical Practice
These toxic substances can be very harmful to the body
Archived from the original on September 9, 2010