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Teh-wei Hu, a professor of health economics at the University of California, Berkeley, said the reduction was especially apparent among price-sensitive young people, who reduced their consumption two to three times more than adults did when tobacco prices were increased

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Heres the real-world process: You collect sales tax from your customers during transactions Youre required to report and send these taxes to the appropriate government agency If you fail to do so (whether due to financial hardship, oversight, or any other reason), the government can file a claim against your bond Your surety company (like Palmetto) steps in to cover the unpaid taxes up to your bond limit And heres the critical part many miss: you must reimburse the surety company for every penny they paid out A Georgia retailer learned this lesson the hard way: When I fell behind on my quarterly tax payments due to a family emergency, the state filed a claim against my bond