tobacco and fda Products: Regulation Use of Fees FDA proposes rule for foreign

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For a pack-a-day smoker spending $8.50/day: 5 years: Saving $15,512 in cigarette costs could grow to approximately $19,000 invested 10 years: $31,025 in savings could grow to approximately $45,000 20 years: $62,050 in savings could grow to approximately $140,000 30 years: $93,075 in savings could grow to approximately $340,000 What Happens After You Quit Smoking

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Firstly, there is extensive evidence that tobacco tax increases reduce smoking prevalence by decreasing smoking uptake and promoting cessation, with greater impacts on disadvantaged populations since these groups are more price sensitive (12)