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Tobacco and Obesity
Tobacco is one of our great public health victories the share of adults who smoke declined from 42 percent in 1965 down to just 15 percent by 2016. Exize taxes on cigarettes has been cited as the single most effective weapon in slashing smoking rates. The world health organization has estimated that a 70 percent global increase in the price could prevent up to a quarter of all tobacco related deaths worldwide. Extending taxes on alcohol and tobacco to food stuffs was proposed by none other than Adam smith in the 1776 wealth of nations sugar rum and tobaccoOur commodities which are nowhere necessities of life have become objects of almost universal consumption, therefore extremely proper subjects of taxation.