Excise Revolution: EU Prepares 139% Tax Hike on Tobacco and Introduces Vape Duties for the First Time
🇪🇺 EU prepares a tax revolution: cigarette excise duty to rise by 139%, and a unified tax on vapes will be introduced for the first time. The goal is to reduce smoking among youth and close loopholes for smuggling. By 2040, the EU plans to become tobacco-free, but this requires consensus from all countries. 🚭💸
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