European Smoking Tobacco Association E.E.I.G.
Wonderful interview with Arthur Laffer.
ESTA has long said that excessive taxation is counterproductive and can have very serious real-world consequences.
“If you tax people who work and you pay people who don’t work, don’t be surprised if you find a lot of people not working. I mean, it’s just duh!”
Legendary economist @realartlaffer breaks down why taxing the rich isn’t the right way to get Britain growing again.
@KateEMcCann
In tobacco tax, those consequences are clear - only criminal organisations benefit at the cost of the state coffers.
https://www.esta.be/london-economics-study-2025/
ESTA has submitted its feedback on the EU Commission’s Tobacco Excise Directive (TED).
We believe the Commission ignored its own market data – relying instead on ideology over evidence.
The result? Harm to small businesses and a boost for illicit trade.
We’ve told the EU Commission: their Tobacco Excise Directive (TED) proposal misses the mark.
Ignoring market data leads to bad policy – and this one risks fuelling the black market while hurting legitimate businesses.
Where the Commission adopts a tobacco tax proposal without releasing the economic studies it is based on, ESTA publishes the NEW 2025 London Economics Study on fine-cut tobacco on which its public positions are based.
http://www.esta.be/london-economics-study-2025/
