tag:blogger.com,1999:blog-6656763.post1086321455912308792..comments2023-08-06T10:29:57.905-04:00Comments on Small Thoughts: What Are You Smoking?by FightMetrichttp://www.blogger.com/profile/11822629867447235084noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6656763.post-67334606049669491972009-04-01T13:17:00.000-04:002009-04-01T13:17:00.000-04:00I haven't read the article, so ++grain-of-salt.It ...I haven't read the article, so ++grain-of-salt.<BR/><BR/>It has certainly been part of conventional wisdom for a long time that consumption taxes are more regressive than either asset or income taxes: poor people consume, but have fewer assets and less income. Perhaps what he was trying to say was that this will affect poor smokers more than rich ones?<BR/><BR/>You're dead-on with regard to the smuggling argument.Davidhttps://www.blogger.com/profile/16491386537225283381noreply@blogger.com