Every 10% increase in the price of tobacco is expected to decrease tobacco consumption by 4%.
Marguerite Herman, legislative liaison for the League of Women Voters, said a decrease in consumption would lead to a significant increase in public health.
“There’s an argument to be made that…the real payoff is the number of adolescents who do not start to smoke (and form) a lifelong addiction with huge health impacts, and a big impact on the public health costs to the state of Wyoming,” Herman said.
video taped session: https://www.youtube.com/watch?v=9TTLp2iNyZ8
article: https://www.wyomingnews.com/wyomingbusinessreport/industry_news/economy_and_labor/legislative-committee-considering-increasing-cigarette-taxes-for-first-time-since-2003/article_c2362f70-d0a8-11ec-920c-7faac9e2386d.html?utm_source=wyomingnews.com&utm_campaign=%2Fnewsletters%2Fwyomingbusinessreport%2Fheadlines%2F%3F-dc%3D1652220321&utm_medium=email&utm_content=headline