New Tax Equity Bill Would Make Vaping More Expensive Than Smoking
From Vaping360 and Author John McDonald:
A new bill, introduced in both houses of Congress, would impose the first federal tax on vaping products and nicotine pouches. The bill’s authors say it is intended to harmonize the tax rate on all consumer nicotine products based on their nicotine content, but in reality it would make vaping more expensive than smoking cigarettes.
Thirty-three states and federal territories currently have some kind of vape tax, and many have taxes on nicotine pouches. But there is currently no federal tax on tobacco-free nicotine products like vapes.
If passed, the Tobacco Tax Equity Act would add a federal tax of $100.66 per 1,810 milligrams of nicotine to all tobacco-free nicotine products. That’s about 5.5 cents per milligram of nicotine. A consumer who vapes 50 mg/mL nicotine salt e-liquid would pay an extra $2.75 per mL of juice, or $82.50 for a 30 mL bottle—on top of the normal product price and any state or local taxes.