FDA doesn't tax anything that I'm aware of.
Everyone has an opinion about government but few know much about it. Tobacco products are taxed by legislation created by our elected representatives in federal, state and local governments.they'll regulate it so it can be taxed...same thing...all part of the gov't. no need to nitpick![]()
Everyone has an opinion about government but few know much about it. Tobacco products are taxed by legislation created by our elected representatives in federal, state and local governments.
Everyone has an opinion about government but few know much about it. Tobacco products are taxed by legislation created by our elected representatives in federal, state and local governments.
Your point?I know this,it does not matter what one calls the taxing agent,whether it be the fda, city,state, fed,or the mafia it is still stealing.
Ok here is some truth, regardless this will happen soon enough,
we have 3 major interests we will be dealing with I will try to explain best i can.
1 is big tobacco it stands to lose revenue with decreasing sales this will result in their federal tax liability and corporate taxes being reduced
2 is big Pharma who also stands to lose big in the smoke cessation product industry this to will result in them paying less taxes due to lost revinue.
Also we have the Insurance commission who takes money from big tobacco for making a product known to cause health problems. they to will have a trickle down effect with lower tax burdens.
ALL of this lost revinue and tax liability will cause the IRS to seek equilibrium through the source ...us...the new non smoking vaper
and the industry that has provided vaping parts pieces and juices...
see big tobacco and big pharma are "enemy friends" one makes money on getting you sick the other makes money on treating your sickness...and the IRS makes their share of both
Taxation will come as tobacco payments grow smaller. I think our government realizes that they need to share the load between competing products to keep money flowing.
Regulation could be good for the vaper if done in a fair manner. I would like to know that my juice is ALL USP grade, not just the nic component. But, when you look at juice recipes, most are made from USP grade ingredients anyway. PG, VG, Nic, and flavoring are already controlled by the FDA. If vendors are using USP approved ingredients, we should be in good shape.
Actual testing (with an open mind) of the safety of vaping might be reassuring to all. We believe that vaping is safe and is certainly better for us than tobacco smoke. But, do we know what 40 years of vaping actually does to our body and can we expect to have lungs the same as a non-user after vaping for decades? Few things are guaranteed. At this point in my life, I just want something safer than smoking and I think vaping fits the bill.
1) I am talking about inside the USA
2)smoke cessation are 12 % and growing...if you think in numbers like "billions of dollars" its worth mentioning.
3) semantics, replace the word "makes" with "gets" if it helps you understand the general idea.
4) whats your point?