Rachel Reeves urged to levy ‘double whammy’ on firms’ £1bn annual profits to fund measures to end smokingDoctors and health charities have urged Rachel Reeves to hit tobacco firms with a financial double whammy, including a windfall tax in the budget, to help fund Labour’s drive to eradicate smoking.They are suggesting a one-off £74m surcharge and a new £700m-a-year permanent levy on the industry’s “obscene” profits from selling its lethal products. Continue reading…
Source link : https://www.theguardian.com/society/2024/oct/07/campaigners-call-for-tobacco-windfall-tax-and-yearly-surcharges-on-lethal-trade
Author : Denis Campbell Health policy editor
Publish date : 2024-10-07 18:05:06
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Campaigners call for tobacco windfall tax and yearly surcharges on ‘lethal trade’
