‘SIN TAX’ BILLIONS Booze, smoking and obesity contributes £23billion to Treasury, figures reveal : Sun.

Smoking helps out the public purse to the benefit of £14.7billion.

 

SIN taxes contribute £23billion to government coffers, a new report has revealed.

Booze, smoking and obesity taken together are a financial boost for the Treasury.

Drinking has a benefit of £6.1 billion to treasury coffers

Getty – Contributor
Drinking has a benefit of £6.1 billion to treasury coffers

Smoking helps out the public purse to the benefit of £14.7billion.

It spends £3.6billion on smoking-related diseases and £1billion on collecting cigarette buts and putting out fires related to the vice.

But the government saves £9.8 billion in premature deaths through pension savings and benefits. A further £9.5billion is brought in through duty in tobacco.

Drinking has a benefit of £6.1billion with obesity costing the taxpayer £2.5billion.

Christopher Snowdon, Head of Lifestyle Economics at the Institute of Economic Affairs, said: “Smokers, drinkers and those who are obese actually provide a net benefit to the public finances, so vilifying them is futile in the quest to address increasing costs to the NHS.”

“As a whole these reports debunk the popular belief that costs will fall if people live healthier and for longer.

Read More : Sun.

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3 Comments

  1. oh heck bugger it iv sais smoke more but to all those who wants smokers castrated have a think that 9billion pounds they make from smoking if all give it up they be short 9billion who do you think they come after for the short fall you and I putting taxes up to fill this loss bugger it il tell them the smokers smoke more it save you and I paying those taxes if they give it up oh dear

    Liked by 1 person

  2. There was a jobsworth going around the grounds of Gartnavel General Hospital, telling visitors and patients having a smoke…Ear…you can’t smoke ear, this is a hospital.

    One day he was met with a chorus of…AW FUCK OFF.

    Like

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