Thursday, September 1, 2011

Restaurants fear smoking ban

Restaurants fear smoking ban - Business - The Prague Post:
 In Hungary, which is poised to implement a smoking ban in 2012, the Tax and Excise Office released a report saying the ban would reduce state budget revenues 118.6 million euros the first year of implementation, as well as cause a loss in excise taxes revenues from cigarettes and alcohol of 2.2 million euros. The loss of VAT from cigarette sales was expected to be between 18 million and 31 million euros.

Cold,hard facts. Sometimes they're the best kind.
They sure do put things into perspective.


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