Michael McLaren warns that government "addiction" to high taxes on legal products, like tobacco, inevitably drives consumers back to the black market and fuels organised crime.
While advocates argue that legalising illicit substances will dismantle criminal networks, recent international failures and the thriving black market for heavily taxed tobacco suggest that "regulating" the trade may only exchange one crisis for another.

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Afternoons with Michael McLaren - Friday, 27th February
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'Significant trouble' - Former CBA boss warns of economic spiral over debt and tax shifts
12:14