‘280% spike’ – Smokers smashed with huge tax increase
The illicit tobacco industry is costing the federal government billions as more people turn away from heavily taxed cigarettes and toward the black market.
Liberal MP for Monash in Victoria Mary Aldred says the issue has gotten out of control.
“We’re losing up to $10 billlion in lost excise tax that could have gone towards funding roads, schools and hospitals,” she told James Willis, filling in for Ben Fordham.
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