Medical Xpress September 29, 2022
Smoking isn’t only costly in terms of health risks, it also cost the U.S. economy $891 billion in 2020.
That was almost 10 times the cigarette industry’s $92 billion revenue, according to the authors of a new American Cancer Society study.
“Economic losses from cigarette smoking far outweigh any economic benefit from the tobacco industry—wages, and salaries of those employed by the industry, tax revenue and industry profit combined,” said Dr. Nigar Nargis, senior scientific director of tobacco control research at the cancer society.
“As a society, we can mitigate these economic losses through coordinated and comprehensive evidence-based tobacco control measures, which encourage people to quit smoking and prevent people from starting to smoke in the first place,” Nargis said...
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