australian cigarette tax Australia set out to 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 — Australia's sin taxes have gone
Australia's sin taxes have gone too far MacroBusiness Cigarette Tax hike defies economic logic Prosper Australia Australia Hikes Cigarette Tax Amid Black Market Concerns Ecigator Australia Tried To Tax Smoking Out of Existence. Now 80% of Tobacco Aussies Consume Is From the Black Market.
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