Coalition unveils plan to slash tobacco tax, legalise and regulate vapes
The Australian Coalition has pledged to reduce tobacco excise taxes by 80% if elected, aiming to dismantle the illicit black market. The plan also includes the legalization and regulation of vapes and nicotine pouches for adults.
Why it matters
This policy shift represents a major debate in public health and economic policy regarding the effectiveness of 'sin taxes' versus market regulation.
Angus Taylor has promised to "shut down" the illicit tobacco trade. ( ABC News: Ian Cutmore )
The Coalition has vowed to cut the tobacco excise by 80 per cent if elected, in a bid to shut down the black market.
It has also promised to legalise, regulate, and tax vapes and nicotine pouches for adults.
One Nation plans to slash the excise by 75 per cent, while Labor has argued there is no evidence a dramatic cut would end the illicit trade.
Link copied Share Share article A future Coalition government would slash the tobacco excise by 80 per cent, legalise and tax vapes and nicotine pouches, and bolster law enforcement to shut down the illicit trade.
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