Excise Tax Increase on Cigarettes: A Laudable Policy that Needs to be Sustained

The recent increase in Federal Excise Duty (FED) on cigarettes marks a decisive step toward reducing tobacco consumption and mobilizing domestic revenue. This brief presents evidence that the reform has already curbed smoking prevalence and strengthened fiscal outcomes. It emphasizes that sustaining and institutionalizing this policy is critical to prevent reversals, protect public health, and secure long‑term fiscal stability.

Date: 2023-05-20 Year Published: 2023