A 50-cent increase in the U.S. tax on cigarettes could have a big impact on public health, though the benefits for the national wallet are less clear, new estimates from the U.S. Congressional Budget Office show. Reporting in the New England Journal of Medicine, the Congressional Budget Office (CBO) estimated that such a steep hike in the federal cigarette tax could result in more than 3 million more nonsmokers by 2085 -- by either spurring people to quit or keeping would-be smokers from ever lighting up. Read more here.
Study mentioned: Baumgardner JR, et al. Cigarette taxes and the federal budget--report from the CBO. N Engl J Med. 2012 Nov 29;367(22):2068-70. PMID: 23190219
Connect to the full CBO report, Raising the excise tax on cigarettes: effects on health and the federal budget, here.
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