100 dollar cigarette packs? Dream or reality

Insight Magazine April 25, 2012 0
100 dollar cigarette packs? Dream or reality

Smokers in New Zealand may soon face a rude awakening as the Ministry of Health proposes to raise cigarette prices to $100 a pack. Their goal is to be smoke free by 2025 and believe that taking such drastic measures may be their only way. One option New Zealand is considering is increasing 10% on a pack of 20 cigarettes year-to-year from 2013 to 2025. This would cost one $40 for a single pack by 2024. he second scenario would make a single pack at $100 by  the year of 2020, achieved by a rise of 30% to 60%, with continues increase of 30% each year after that.

 

 

 

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