Sugar tax won't work? Every 10% rise in tobacco taxes has resulted in a 4% drop in smoking. So why wouldn't a #sugartax work?
@_SimonBarnett I didn't claim anything about sales or revenue. It is a 4% drop in the number of people smoking. Do try to keep up.
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@JuliaHB1 The only verifiable way to enumerate smokers is by tax revenue. Assuming tax decline = smoker decline is unsound. See Laffer curve -
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@JuliaHB1 Appreciate 4% reduction in tax is advertised as 4% less smokers. Like advertising 200k immigration and ignoring NI #'s issued.
End of conversation
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