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Germany raises tobacco tax to reduce budget deficit

Germany's Finance Minister plans a gradual increase in tobacco tax.

Published 6sem1 sourceNotable
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The fact

By 2030, a pack of cigarettes will cost nearly 12 euros, generating 3.5 billion euros annually.

The goal is also to deter young smokers and reduce healthcare costs.

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Why it matters

Cette mesure fiscale structurelle impacte les finances publiques et la santé publique, tout en servant de modèle pour d'autres pays européens confrontés à des déficits similaires.

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