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  • Is there a term for reverse hypothecation? So we'd just tax cigarettes to a level that would cover all of the cost of the harm they did plus the admin cost of the scheme?

    Can wait to listen to all the whinging smokers gripe about this. In terms of victim complex narcissism iirc it goes:

    1. Smokers
    2. Drivers
    3. Christians from stable developed countries where they're the majority
  • ... tax cigarettes to a level that would cover all of the cost of the harm they did ...

    That's just pricing in a negative externality. Like, in principle, carbon pricing.

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