Mike Bloomberg (paraphrasing): “Tax poor people more regressively to manipulate their lifestyle choices so that they live longer.” Hoo boy.
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Most governments of the world put heavy taxes on 'sin' products given their possible cost externalities on the health care system. Now that we are finding the opposite might be true, will they remove those taxes?
Depends on the product. If it’s as simple as that, we should, but it’s likely not that simple.