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Treasury acknowledges that less is more with tobacco taxes MacroBusiness Australia developed the strictest tobacco taxes and restrictions in the world. Years on, it's backfired horribly. : r videos Velvet Glove, Iron Fist: Australia's tobacco tax disaster Tobacco Industry Factoid on Illicit Trade Leading Governments Astray Global Issues Cigarette prices are displayed at a convenience store on August 1, News Photo Getty Images
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