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Who knows whats going to happen

The global economy loses more than $1.5 trillion annually due to tobacco-related health problems

Backing away from even a fairly high tax carries its own costs: A study published in the British Medical Journal reported that in the 1990s, when Canada sharply cut its tax out of concern about the black market, it saw both an uptick in teen smoking and a larger-than-expected drop in tax revenue

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The chart (shown below) shows that regardless of where taxes increase, the downward trend in smoking persisted