Increasing tobacco taxes benefits low-income households the most
This policy brief is based on a research study entitled “Distributional Impacts of Tobacco Excise Taxes in Serbia”. This brief presents the estimated impact of a tax increase on a household’s disposable income through a change in tobacco consumption, smoking-related medical costs, and a change in lost productivity from tobacco-attributable premature deaths on the household budget.
Increasing tobacco taxes benefits low-income households the most here.