Smoking population cost effective – Philip Morris Tuesday, July 17 2001
The world’s biggest cigarette manufacturer Philip Morris has told the Czech government that it is cost effective to have a population that smokes. In an economic analysis presented to Czech officials the company says that early deaths from smoking saved the Czech government about $147m in 1999. Philip Morris issued a statement saying that the report was part of an ongoing debate about the economics of cigarette excise tax policy there and it deeply regretted any impression that the premature death of smokers represents a benefit to society.
