Steviebike wrote:Cigarette companies are focusing markets in like Taiwan, where the have more freedom. I think they will eventually get chased out of every country (read, heavily controlled). Does the tax revenue outweigh the cost of the health system?
I spent some time in the Sin industry and can tell you the following :
-Taiwan is now a heavy regulated market. Cheap pricing vs. wages are one of the main reasons people still smoke a lot. Marketing is almost sine qua non.
-Among all Asian countries, there is only one in which smoking incidence increases. That same country is still very liberal vs. smoking.
When L&M became the first brand equipped with the graphic health warning here , they had increased sales.
" cool" perception was the reason behind ... Sad but true.
-Tax vs health: each country has its mechanics and prognostic calculations behind that taxes should support required medical treatments.
Canada, Thailand are extreme " dark" markets thus the decrease of smoking incidence is not higher vs. other markets.
Anyway, when the tobacco industry has been shut down, next will be Alcohol.... A matter of time.