Davriellelouna@lemmy.world to

Europe@feddit.orgEnglish · 13 hours ago

Tobacco companies are worried about a European-wide coordinated tax increase.

www.euractiv.com

169

Tobacco companies are worried about a European-wide coordinated tax increase.

www.euractiv.com

Davriellelouna@lemmy.world to

Europe@feddit.orgEnglish · 13 hours ago

Cigarette industry warns EU against using taxes to puff up budget revenue

www.euractiv.com

Big Tobacco argues that extra taxes will push up black market trade, but not everyone agrees.

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Archangel1313@lemmy.ca
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The tobacco lobby says boosting taxes on its products will just encourage black market sales and cut national revenue – undermining any attempt to funnel revenue into the bloc’s next long-term budget.

So…they’re straight up admitting that they’re just going to start selling their product under the table, if this passes?

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