australian cigarette tax 13.7 Revenue from tobacco taxes in Australia ONE NATION Senator EXPOSES the

ONE NATION Senator EXPOSES the INSANITY of Australia's Cigarette Tax Laws Treasury acknowledges that less is more with tobacco taxes MacroBusiness The rise in black market tobacco and cigarette sales has seen a large hit to the federal budget, costing the Commonwealth $6.7 billion in lost revenue annually. Tax increases have lifted the Australia set out to tax cigarettes into oblivion. Instead, an excise now worth ~83% of a pack's price has spawned a $5.6bn black market more than half of all tobacco sold

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