Future of Tobacco Industry

Future of Tobacco Industry

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*The Future Tobacco Industry*

Over the years the tobacco industry has been blamed for constant problems in our society. It has raised several issues that have been seen as morally wrong. Despite all the warnings, society has neglected to acknowledge tobacco as a deadly substance and the tobacco industry doesn?t seem to think of tobacco as deadly, they simply see it as a profitable toxicant. There have been numerous laws and regulations passed over the last fifteen years that address the successful tobacco tax increases, persuasive advertising and marketing, and the future of the tobacco industry. It is clearly evident that the success of the tobacco industry is tremendous and is destined to prosper in the future.
The increasing taxes on tobacco encourage people to give up smoking or never start in the first place. The conflict over increasing the ?tobacco taxes has become perhaps the greatest morality play of the 21st century?. (Lang and Marks 1996)
Income for the government from tobacco taxes generates a large sum of money. The tobacco industry supports hundreds of thousands of jobs (in farming, manufacturing, and distribution sales), and excise taxes on tobacco products, for example,

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