The charities also want a new system of state regulation of the tobacco industry, including a price cap to reduce company profits.
They say it would result in an extra 65 million euro a year for the exchequer.
The cost to the state of smoking related illnesses comes in at around two billion euro annually.
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A hike to taxes would mean a rise in the cost of cigarettes to smokers.
Kathleen O'Meara of the ICS says it's not an unfair burden on smokers:
Business Economist Dr Robert Branston has carried out the research:
These smokers on the streets of Dublin have varying views on the issue: