Risk-proportionate taxes on smoke-free alternatives backed to raise revenue, curb illicit trade

MANILA, Philippines – Implementing risk-proportionate taxes on smoke-free nicotine products such as vapes, heated tobacco, and nicotine pouches can strengthen government revenues, accelerate declines in smoking prevalence, and curb illicit trade by making less harmful alternatives accessible to adult nicotine users and less attractive to smugglers, according to two international economists. “The Philippine government should

By ggaviola