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Thread: States target ecigs as potential revenue source

  1. #1
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    States target ecigs as potential revenue source

    States target e-cigarettes as potential revenue source

    It's about public health..........isn't it?
    mavinry4, Olfella and vaping_gal like this.

  2. #2
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    For most it's always been about money. Money spent on healthcare of smokers. Money made by taxing smokers.
    That does not make a very interesting message, so they go with "Smoking will kill you, quit and live."
    mavinry4 and Donna like this.


    ]6⁹.12[

  3. #3
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    So far, only Minnesota has put in place a specific state tax policy for e-cigarettes, a decision reached in 2012. The products are subject to a 95% tax that functions like a sales tax, tacked onto the wholesale cost of the product. That generally means they are taxed at a higher rate than traditional cigarettes, which are subject to a $1.29-per-pack levy. The state expects to collect $1.16 billion from all tobacco taxes in the 2014-2015 fiscal year.

    For now, most other states apply only a sales tax – if they have one – to e-cigarettes. But at least 30 others are considering e-cigarette taxes of some kind next year.
    ...

    Tobacco companies that don't produce e-cigarettes have often pushed tax parity so their own products are not at a disadvantage. In Minnesota's case, the state simply said that under its laws, the tax must apply.

    But the most popular argument is deterrence—higher taxes might make the product less attractive and less affordable to young people looking for nicotine.

    "It has nothing to do with revenue," Ohio's DeWine said. "It has everything to do with discouraging use."

    An alternative to tobacco

    Discouraging use, however, is exactly the opposite goal lawmakers should have, said Ray Story of the Tobacco Vapor Electronic Cigarette Association. It's an opinion shared by some outside of the industry as well, especially with regard to those already smoking.

    "Cigarettes are sold everywhere in the world, and we want to make sure that the e-cigarette is sold as a less-harmful alternative right there next to it," Story said.

    "We should expand the use, not restrict it," he added, saying that if e-cigarettes can greatly reduce cigarette use the industry "will have made the greatest impact on humanity ever."
    It's always been about the money and to get a slice of this billion dollar evolving industry.
    Donna likes this.
    Cigarette Addiction: 12 years Quit Smoking: 22.11.2011 Started Vaping: 22.11.2011
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