Canadian Personal Finance Blog

So the Ontario government has decided to increase the “sin tax” on cigarettes again. Evidently the tax on EACH cigarette (each one in the pack) is 12.35 cents, WOW! I thought our income tax was ridiculous. This means a carton of cigarettes will go up in price by $1.25 real soon now.

Do I feel sorry for the smokers? No, not really. I have seen what smoking does to your body (my Dad is in a wheelchair mostly because of it). I feel sorry for the local store and shopkeepers who have to listen to the smokers complain about the price of their cigarettes.

Let me be clear, if you smoke, you are not seriously worried about Debt Reduction. It’s a simple equation, if you smoke two packs a day, you are shooting yourself in your collective monetary foot. Take that money, put it towards your debt and you might be surprised how much farther ahead you might be (and how much better your health, and your family’s health will be as well).

Yup, I smoked for a while, but as I have said there is nothing WORSE than a reformed smoker!!! (speaking as one), we are a very Pius and “holier than thou” kind of crowd, so BUTT OUT!

–C8j