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So, while other countries experiences are not a blueprint for optimal regulation, they nonetheless provide clues about which policy levers may be brought to bear in balancing the apparent trade-offs between different policy goals, and avoiding incentives for the growth of the illegal sector

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The tax on vapor products would raise roughly $15 billion over 10 years.[9] While the increase will raise substantial revenue, excise taxes should not be considered a stable revenue source, since they are so narrowly imposed.[10] Decades of declining use means that tobacco taxes generally raise less revenue with each passing year

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April 14, 1966

The inside bracket can still hold cigarettes securely