Abstract
South Korea increased tobacco taxes in 2015 after a 10-year gap. This commentary suggests two lessons for public finance practitioners. Substantive tax increases are crucial to reducing tobacco use; particularly where prices are demonstrably lower and prevalence higher in comparison to other countries ranked similarly on economic development indicators. Second, as a rule of thumb, governments cannot afford to neglect the annual increases that ensure that tobacco taxes do not lose their efficacy over time.
Original language | English (US) |
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Pages (from-to) | 123-124 |
Number of pages | 2 |
Journal | Tobacco control |
Volume | 25 |
Issue number | 2 |
DOIs | |
State | Published - Mar 2016 |
ASJC Scopus subject areas
- Health(social science)
- Public Health, Environmental and Occupational Health