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Blog Post
December 14, 2020
Tobacco taxes are a highly effective instrument to reduce the consumption of tobacco, discourage new young smokers, raise government revenue, and help reduce the social and economic costs of tobacco products consumption, estimated at 8 million premature deaths per year and costing 1.8 percent of glo...
POLICY PAPERS
January 13, 2020
The paper provides a comprehensive overview of issues relevant to using health taxes to raise revenues in low-income countries. The paper argues that in low-income countries, health taxes can raise enough revenue to make them worthwhile and that health taxes may be better candidates for mobilizing d...
Blog Post
August 20, 2019
The establishment of universal health coverage is one of the key pillars of progress toward the Sustainable Development Goals (SDGs), particularly SDG3. What impact could taxing tobacco, alcohol and sugary beverages have on reducing the burden of noncommunicable diseases as we strive to achieve...
Blog Post
August 13, 2019
Are “sin taxes” regressive? This is a common criticism of proposals to increase taxes on “bads” such as tobacco, alcohol, and sugar. There are a number of reasons not to be too concerned by the answer to this question. But still, we were curious, so we took a look at the data...
Blog Post
April 10, 2019
The Task Force on Fiscal Policy for Health, co-chaired by Michael Bloomberg and Lawrence Summers just launched a report calling on governments to substantially raise taxes on tobacco, alcohol, and sugary beverages. Such policies could avert an estimated 50 million premature deaths while raising...
Blog Post
April 04, 2019
Spring has finally sprung in Washington, DC! And that also means a series of substantive discussions on today's most pressing global development issues—from private sector financing in Africa to the future of the World Bank—are springing up at the Center for Global Development. Join ...
Blog Post
January 18, 2018
This week, Mayor Michael Bloomberg and former Treasury Secretary Lawrence Summers announced a new Task Force on Fiscal Policy for Health. This is the first time such a high-level group of respected economic and fiscal policy opinion leaders has convened on this issue, creating an opportuni...
Blog Post
October 10, 2017
Dear Finance Minister,
This Wednesday, you will be attending an event on tobacco taxes at the World Bank’s annual meetings, where President Jim Kim and Mayor Michael Bloomberg will be speaking. You will be attending this high-level discussion along with about 14 other Finance Ministers. Whil...