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How much do black market cigarettes cost?
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If you’re a smoker it’s probably somewhere in the ballpark of $15.
But even non-smokers are paying for the missed tax on legal cigarettes.
With the ever-increasing tobacco excise pushing up the cost of cigarettes past $50 a pack, is it any wonder that the illicit tobacco trade is rapidly growing as tax income from tobacco is falling.
Featuring: Jacob Shteyman (AAP Federal Politics & Economics Reporter)
Presenter - Noah Secomb
Producer - Martin Davies
See omnystudio.com/listener for privacy information.
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