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SKU: 13099265563
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SKU: 13099265563

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Description

Sofuoglu et al., 2005

We expect overall cigarette net price realization to accelerate in 2013 to about 4%, and we have further conviction industry topline will improve during Q4 and beyond driven by solid volume trends, higher prices and continued easing [of] promotional spending

After backfilling losses in existing tobacco excise tax revenue (described in more detail below), the new cigarette excise tax would generate an estimated $500 million to $750 million in net revenue in 201516 for the purposes described in the measure