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Price and social cost of smoking.

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fokhrul88 | 18:16 Sun 25th Jan 2009 | Business & Finance
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Gordon Brown once said that the price of Cigarettes is too low, when the social cost of smoking is taken into consideration.

Can anyone justify Gordon Browns point?
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Avatar Image R1Geezer
He's talking about the indirect costs of smoking that are usually ignored when things like taxation is debated. Eg it is widely agreed that that smoking contributes �8bn and costs �3bn directly. What GB is saying is that the true cost to society far outstrips the �5bn "net gain".
12:24 Mon 26th Jan 2009

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