If you’re a smoker in New Zealand, you may need cash to burn.
The country’s Minister of Health is suggesting that the price of cigarettes be raised to nearly $100 (in New Zealand dollars) a pack ($81 U.S.) by the year 2020, according to document discovered by the country’s news agencies, reports Sky News.
The proposal is part of a plan to stamp out smoking by the year 2025.
The plan, which is still in a discussion phase, would jack up the price of a pack of cigarettes to $60 ($49 U.S.) and then raise the price 10% each following year.
The pricey plan is among an array of options that the government is mulling in order to reduce the health risks associated with tobacco.
A less expensive option on the table is a 10% increase on a pack of 20 cigarettes year-on-year from 2013 to 2025, meaning it would cost $40 ($32.50 U.S.) a pack by 2024.
Read more: http://www.nydailynews.com/life-styl...#ixzz22LZT20kB
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