FRANCE FEATURE
June 1st, 2005
BY ALAN OSBORNIT'S coming up to 18 months since the French tobacco industry was hit by the last of a triple whammy of excise tax increases over a single year and it seems a reasonable moment to take stock. The three tax increases - 10% in January 2003, 20% in November 2003 and 10% in January 2004 - were part of a health drive by Jacques Chirac's government, worried by the continued popularity of smoking among young people among other things. It was claimed by the health minister in office at the time that reduced smoking following the higher taxes would help save ...
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