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Smoking Costs U.S. Economy Almost $900 Billion a Year
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Smoking Costs U.S. Economy Almost $900 Billion a Year

By By Cara Murez HealthDay Reporter, HealthDay Reporter(HealthDay)THURSDAY, Sept. 29, 2022 (HealthDay News) -- 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...