Is a society with smokers profitable?

Thursday, July 16, 2009 - 09:49 in Mathematics & Economics

The latest rise in the indirect taxation on tobacco and alcohol took place in June. The most popular brand of cigarettes went up in price from 3.10 euros to 3.30 euros per packet. Are these taxes a form of dissuasion or a way of compensating the rest of society for the harm generated by those who smoke?

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