Australia made the decision to raise the tax on alcopops. As to the consequences of this decision Nelson writes
Jacking up pre-mixed drink prices by 70% cut their consumption by 30%, but pushed bottled spirit sales up by 46% as kids mixed their own. And - surprise, surprise - the people pour far more generous measures than they were getting with the Bacardi Breezers. Result: a sharp 10% hike in the amount of alcohol consumed in Australia, the precise opposite of what was planned.Nelson also points out
But there is some consolation for its government. The extra boozing means some A$600,000 a month extra in duties.
2 comments:
I was thinking that if they really want to cut down my total alcohol consumption they should subsidise beer - the may potential lead to me drinking less bourbon :P
Are beer and bourbon substitutes or complements?
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