On February 4th, 2009, the Federal Government enacted legislation to fund the expansion of the State Children’s Health Insurance Program (SCHIP) that increased excise taxes on tobacco by:
158% on cigarettes
158% on smokeless tobacco
155% on large cigars
I remember this was big news on NPR. Some highly-qualified guests they interviewed even had great expectations. Have these increases gotten any smokers to quit? Or, at the very least, cut back?
Or, is smoking still worth it?