Germany Raises Taxes on Cigarettes, Sugary Drinks and Alcohol
Lawmakers approved a sharp increase in tobacco taxes, expected to raise more than €12 billion. The broader tax increases are also intended to promote public health.
Germany is increasing taxes on cigarettes, sugary drinks and alcohol, a move expected to bring billions of euros into state coffers while supporting public health goals. Lawmakers approved a steep tobacco-tax increase on Thursday. The measure is expected to raise more than €12 billion…