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Increasing tobacco taxes benefits the poor. Centro de Investigación Económica y Presupuestaria A.C Policy Brief

Publication Source

Centro de Investigación Económica y Presupuestaria A.C 2020

Publication Title

Centro de Investigación Económica y Presupuestaria A.C

Publication Type

Policy brief

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Abstract

Every year, 43,000 people in Mexico die from diseases related to tobacco consumption. Taxing tobacco is the most effective public policy to reduce tobacco consumption. What’s more, increasing cigarette prices through taxes brings greater benefits to the poorest households and the country's tax collection as a whole.