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Federal Proposal to Increase Tobacco and Nicotine Products Taxes Shocked and surprised': Cigarette tax hike shocks industry; Tobacco Institute warns of illicit surge, urges review. TII has slammed the government's sharp excise duty hike on cigarettes, calling it shocked and surprised Tobacco Taxes: Are Cigarette Taxes a Reliable Revenue Source? Chart: Health Costs, Tobacco Revenues & Prevention Spending Statista
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