
Why? It saves us from ourselves. The so-called 'sin tax' actually does work. The American Journal of Public Health has a great article about this in their November 2011 edition. Researchers at the University of Florida College of Medicine found that a 10% increase in the price of alcohol lead to a 5% reduction in consumption. There are actual societal benefits of high booze taxes besides full government coffers. The price of alcohol is inversely related to many alcohol related problems except one: suicide. That's right; as the price of hooch goes up, we stop doing bad things. They also found that doubling alcohol taxes could potentially reduce alcohol related mortality by 35%, traffic crashes by 11%, STDs by 6%, violence by 2% and crime by 1.2%. These results were obtained by analyzing 162 papers about alcohol pricing, taxation and alcohol related outcomes.
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