Long-Term Appeal Over time, smokers often move toward smoother variants
An externality, in economics terms, is a side effect, societal cost, or consequence of an economic transaction or activity that is not reflected in the cost of said transaction or activity and not primarily borne by those directly involved in the transaction or activity
Opponents contend that higher prices may discourage adult smokers from switching to products they view as lower-risk alternatives, while also creating incentives for consumers to seek cheaper products outside regulated retail channels
California has the highest state sales tax, with a rate of 7.25%
"New York State Excise Tax on Cigarettes to Increase on September 1, 2023" (PDF)
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