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Re: brooklyn13 post# 50788

Sunday, 02/23/2020 5:01:29 PM

Sunday, February 23, 2020 5:01:29 PM

Post# of 54985
Wow! Great points there brooklyn13!

* * * Cost of Smoking-Related Illness * * *

Smoking-related illness in the United States costs more than $300 billion each year, including:

1. Nearly $170 billion for direct medical care for adults
2. More than $156 billion in lost productivity, including $5.6 billion in lost productivity due to secondhand smoke exposure

Source: https://www.cdc.gov/tobacco/data_statistics/fact_sheets/economics/econ_facts/index.htm

* * * Federal Revenue from Tobacco Taxes * * *
Revenue from tobacco taxes totaled $13.8 billion in 2017, accounting for 16 percent of all excise tax revenue.

Source: https://www.taxpolicycenter.org/briefing-book/what-are-major-federal-excise-taxes-and-how-much-money-do-they-raise
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