Tobacco Tax Framework: A Feasible Solution to a Global Health Problem

Tobacco Tax Framework: A Feasible Solution to a Global Health Problem

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Tabacco consumption is one of the major health problems in every modern society. Most of the times, governments have addressed the issue by imposing direct regulatory restraints. In this book, Marcos Valadão proposes an interesting alternative approach centered on the modification of the users' incentives and market agents through rational taxation. Since tobacco consumption generates simultaneously private (e.g. health problems and associated consequences) and public costs (e.g. huge public health expenditures), that are not directly bared by those directly involved in such consumption, the ...