At least the cigarette tax reduces demand.”
So what happens if, let’s say, California has estimated cigarette tax revenue at $2.0B after the increase and everyone stops buying cigarettes in California. You think they’re going to cut their spending by $2.0B?
Instead of celebrating a potential decrease in demand, you might be better served by considering the consequences and be thankful that some of the tax revenue comes from cigarettes.
That's a win. Less children will become addicts. Less people will die prematurely. Less people drowning in their own fluids while they gasp for air.
Thanks for asking.