An interesting take on e-cigs and taxes

[Lori2014]

Will: E-cigarettes are targeted - for more than one reason | Lubbock Online | Lubbock Avalanche-Journal

 

[Lori2014]

And the magazine article behind the editorial ...
Regulation: Spring 2015 | Cato Institute

 

[Semiretired]

You can learn all about the subject if you google tobacco bonds.

 

[sofarsogood]

Global tobacco revenues are in excess of $800 billion per year. Most of that money goes to governments which hand it out to all sorts of tax supported institutions, government and non government. If ecigs crush the tobacco market the financial pain to governments and their beneficiaries will be very severe. If this were not true the inventors of ecigs would be considered for the Nobel prize in medicine. Health isurance would pay some e-cig expenses.

It's been estimated that adoption of ecigs by medicaid recipients would save medicaid more than tobacco taxes collect from those recipients. Ecigs are substantially reducing tobacco use by kids. Making that out to be a bad thing is very difficult but the tax junkies are trying anyway.

 

[caramel]

Don't worry about the government. Being government, they can always tax anything, including e-cigs. They have actually started working on that.

It's the ANTZ that get screwed if "tobacco" control / research funding collapses.

Guess why they"re fighting tooth and nails to "deem" ecigs a "tobacco product"?

 

[Lessifer]

"Between 2013 and 2014 the use of e-cigarettes by middle and high school students tripled, and now it exceeds that cohort’s use of traditional cigarettes." - which is now in the single digits for the first time ever, possibly due to the introduction of e-cigarettes.

There, fixed it for him.