Showing posts with label Tobacco tax cut. Show all posts
Showing posts with label Tobacco tax cut. Show all posts
Thursday, February 5, 2026
David Farrar: The $300 million tobacco tax cut lie
Labels: David Farrar, Heated Tobacco Products (HTP), Tobacco tax cutLabour keep claiming that the Government gave the tobacco industry a $300 million tax cut. This was based on reducing the excise on heated tobacco by 50% to see if the price difference would move people form smoking tobacco to heating it. The difference is huge in health terms – it is the combusting of tar in cigarettes that kills you. Heated tobacco is like vaping – not healthy, but better than smoking.
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