Sooner or later some bright eyed bushy tailed bureaucrat will figure this out
on his or her own. When they decide on a formula to convert usage from
cigarette to
vaping $1.00 per ml is not going to cut it. Buy some estimates
a 1 liter bottle of 100 mg per ml nic base represents 55.5 liters cut 18 mg
per liter.(these figures for arguments sake) That's 55,500.555 ml x $5.00 of
tax loss based on the cost per pack in Minnesota. That comes to $277,777.00
in potential lost revenue based on a ml per pack comparison.
If you take into account that the only vendors that attempted to make
equivalent comparisons of
vaping v smoking in quantitative terms were
cigalike makers this becomes the only reference to base any taxation
rate.
3 years ago or so anything approaching 5 ml of juice a day was considered
a lot in most cases. I myself smoked 2 packs a day smoking. I vape about
2 ml a day in juice. In the meantime devices have developed more power
and consume ever increasing amounts of juice. I doubt this will be taken into
consideration by the tax man.
One also must consider that if everyone in the US that smokes switched
to
vaping today and all new would be smokers started vaping instead that
would mean the end of vaping as a tax base or profit maker in 20 years time.
When the vapers that have never used tobacco have replaced all of us once
smokers there will be nothing to prevent them from just quitting due to exorbitant
prices because nicotine does not cause dependence in lifetime non-tobacco users.
The myth of nicotine addiction - Formindep
The government, BP and, BT know this. That is why these regulations are designed
to destroy the industry not,to protect the children. Vaping in the absence of smoking
is not economically viable to the extent it is today with out new smokers to feed
into the user base. They are simply going to kill vaping off to maintain there revenue base.
and it's just my 2 cents
Regards
Mike
