Proposed legislation would also increase tobacco tax rate
By Hannah Prokop on Apr. 23, 2021
"WASHINGTON — Democrats on Thursday introduced a bill to establish the first federal e-cigarette tax and increase the tobacco tax rate for the first time in a decade.
U.S. Senate Majority Whip Dick Durbin (D-Ill.) and Senate Finance Committee Chair Ron Wyden, (D-Ore.), along with U.S. Rep. Raja Krishnamoorthi (D-Ill.) and seven other senate Democrats, backed the Tobacco Tax Equity Act of 2021, which would make amendments to the Internal Revenue Code of 1986.
The bill aims to reduce youth tobacco use by closing loopholes in the tax code that the tobacco industry exploits to avoid regulation and taxes for their products, Durbin said..........
In another effort to reduce youth smoking, on March 23 Democrats called on the FDA to remove flavored e-cigarettes from the market.
U.S. Reps. Debbie Wasserman Schultz and Diana DeGette, joined by more than 40 members of Congress, wrote a letter to the U.S. Food and Drug Administration (FDA) asking it to prioritize the need to protect youth from nicotine and tobacco products as it conducts its reviews of e-cigarettes and other flavored tobacco products through the premarket tobacco product application (PMTA) process.
The legislators asked the FDA to remove all flavored e-cigarettes from the market that are currently under FDA review, according to the letter......."
Democrats Introduce Bill to Establish Federal E-Cigarette Tax
I will avoid any political comment - But we should know who we vote for and what they stand for !
By Hannah Prokop on Apr. 23, 2021
"WASHINGTON — Democrats on Thursday introduced a bill to establish the first federal e-cigarette tax and increase the tobacco tax rate for the first time in a decade.
U.S. Senate Majority Whip Dick Durbin (D-Ill.) and Senate Finance Committee Chair Ron Wyden, (D-Ore.), along with U.S. Rep. Raja Krishnamoorthi (D-Ill.) and seven other senate Democrats, backed the Tobacco Tax Equity Act of 2021, which would make amendments to the Internal Revenue Code of 1986.
The bill aims to reduce youth tobacco use by closing loopholes in the tax code that the tobacco industry exploits to avoid regulation and taxes for their products, Durbin said..........
In another effort to reduce youth smoking, on March 23 Democrats called on the FDA to remove flavored e-cigarettes from the market.
U.S. Reps. Debbie Wasserman Schultz and Diana DeGette, joined by more than 40 members of Congress, wrote a letter to the U.S. Food and Drug Administration (FDA) asking it to prioritize the need to protect youth from nicotine and tobacco products as it conducts its reviews of e-cigarettes and other flavored tobacco products through the premarket tobacco product application (PMTA) process.
The legislators asked the FDA to remove all flavored e-cigarettes from the market that are currently under FDA review, according to the letter......."
Democrats Introduce Bill to Establish Federal E-Cigarette Tax
I will avoid any political comment - But we should know who we vote for and what they stand for !
