Saturday, November 14, 2009

More on Tobacco Taxes

An excellent detailed analysis of the Tobacco Tax in Ukraine can be found here


While this analysis was sponsored by an anti-tobacco initiative, it's very comprehensive and a very good starting point for a rational discussion on the optimal tobacco tax (obviously one can have different beliefs on the elasticities used in this report) - both Tymochenko and Yushchenko (and their advisors and speech writers) would benefit a lot from reading this kind of materials and making their decisions based on a detailed analysis, rather than based on the need for budget funding or the wish to inflict political damage on an opponent.

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