Lower taxes encourage smokers to switch, which benefits health, but there is also a small health benefit from discouraging non-users who might want to start using low-risk products, and so a balance must be struck. However, smokers are much more likely to switch to reduced-risk products because of lower prices than non-smokers are to take them up
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The higher the dose of nicotine as well, the more likely you are to suppress and reduce REM sleep, making it harder for your body to enjoy quality rest overnight (Source: Journal of Clinical Medicine)