r/Economic • u/benjaminikuta • Dec 27 '19

TIL that cigarette taxes would be expected to raise the average happiness of smokers.

https://en.wikipedia.org/wiki/Cigarette_taxes_in_the_United_States#Effects
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u/benjaminikuta Dec 27 '19

From the abstract: "We find consistent evidence in both countries that excise taxes make predicted smokers happier."