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Tobacco Tax


1604: A Counterblaste To Tobacco

"Smoking is a custom loathsome to the eye, hateful to the nose, harmful to the brain, dangerous to the lungs, and in the black, stinking fume thereof nearest resembling the horrible Stygian smoke of the pit that is bottomless."

James I of England

In his treatise, James also noted that autopsies found smokers' "inward parts" were "infected with an oily kind of soot." James also said if he ever had the Devil to dinner, he'd offer him a pipe.

With regards to second-hand smoke, James said, "The wife must either take up smoking or resolve to live in a perpetual stinking torment."

On the other hand, James was the first government to find taxes on tobacco to be enormously profitable. Trying to stamp out smoking, he increased taxes on tobacco 4,000% from 2 pence/pound to six shillings, 8 pence/pound. That stopped people from buying tobacco, but dried up the funds that had been coming into the Treasury. James then slashed taxes down to 2 shillings/pound and watched the money pour in. Other governments were quick to learn the same lesson. Source: http://www.worldchat.com/public/geaston/history.html


Steven Huddart
Smeal College of Business, Penn State University, University Park, PA 16802-3603 USA
(814) 863-0048
huddart@psu.edu
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was last updated on Tue, Aug 21, 2018.
Today is Sun, Sep 15, 2019.

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