Wednesday, July 23, 2008

Smokers are a cash cow 2

Not PC was wondering about whether smokers paid their way. More than.

Current tobacco tax revenues amount to approximately $1 billion per year, and have been at that level for some years. This is just under 2 percent of total tax revenues.

- Of the approximate $1.6 billion per year retail spending on tobacco products, approximately 70 percent is tax revenue, including GST as well as tobacco excises.

- Thus, the average amount spent by New Zealand’s 750,000 smokers is approximately $2,135 each per year and approximately $1,500 is tax revenue.


NZ Medical Association, Tobacco Taxation In New Zealand, November 2007

The cost of smoking-related health care to the New Zealand taxpayer is about $250 million.

The Cancer Society, Cancer Society of New Zealand Inc September 2004

(BTW I just buried my dog in the garden. She had a invasive, inoperable tumour. She never smoke or drank, ate well and exercised every day. RIP dear Griffy.)

4 comments:

  1. Thanks Lindsay. My condolences on Griffy's death.

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  2. Condolences, Lindsay--losing a long-time companion is very hard and that gap will take some time to fill.

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  3. Anonymous6:45 PM

    The really big win from smokers and drinkers is that they die earlier

    thus saving the rest of us huge amounts in dole payments, welfare, geriatric housing & medical care costs.

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  4. Anonymous7:37 PM

    Sorry for you Lindsay.....I had the same awful thing happen earlier this year.

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