Tobacco Taxes, Smoking Rates, and Poverty

Some policies appear effective, however, economists, policymakers, and statisticians–not to mention the media–often times misinterpret the data underlying their assertions. Take, for instance, tobacco taxes, which the government levies both as a means of generating revenue and dissuading smokers from purchasing cigarettes. Nova Scotia’s government collects $0.2352 per cigarette sold, accounting for roughly 3 to…

Halifax Should Not Build a Stadium

For each dollar spent by the state, there is one less spent by the private sector–there is no free lunch, not to mention breakfast, dinner, and midnight snack. Government spending requires taxes (and when the government spends without taxing individuals and firms, i.e. deficit spending, it shifts the burden of taxation unto future generations, who…