April 1st - tobacco taxes through the roof.
Apr 8th 2009, 6:54 pm
#32
Joined: Jan 2008
Posts: 7,605
Re: April 1st - tobacco taxes through the roof.
Then add in pensions: smokers get a bigger annuity at retirement, cos they don't live as long, according to the actuaries - so there's another saving for the state. The list goes on but, on the whole, smokers are net contributors to society.
Apr 8th 2009, 7:04 pm
#33
Peace onion
Thread Starter
Joined: Jul 2006
Location: Denver
Posts: 5,686
Re: April 1st - tobacco taxes through the roof.
I don't know the figures for the US, but I checked the UK position a few years ago: Annual tax revenue from tobacco £9bn, annual cost to the NHS of treating smoking related illness £2.5bn. So there's a clear profit there. I was surprised, so I asked a doctor who told me that it's because smokers die of the cheaper diseases.
Then add in pensions: smokers get a bigger annuity at retirement, cos they don't live as long, according to the actuaries - so there's another saving for the state. The list goes on but, on the whole, smokers are net contributors to society.
Then add in pensions: smokers get a bigger annuity at retirement, cos they don't live as long, according to the actuaries - so there's another saving for the state. The list goes on but, on the whole, smokers are net contributors to society.
Apr 9th 2009, 12:06 am
#35
Lost in BE Cyberspace
Joined: Feb 2009
Location: North Charleston,SC. born in Stockport,UK.
Posts: 10,109
Good going! keep it up 
