NY $12 tax on 30 ml of juice

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bwh79

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Read the article and that's some straight up bull
Err...the article actually has a good deal of factual information. I don't even see much about a vapor tax except that politicians are "piling on efforts" to introduce restrictive legislation. What else is new?
 

Doctorvapes

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Err...the article actually has a good deal of factual information. I don't even see much about a vapor tax except that politicians are "piling on efforts" to introduce restrictive legislation. What else is new?
No, I meant article was good. Tax is bull.
 

bwh79

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No, I meant article was good. Tax is bull.
Gotcha. At least the article wasn't more of the same old "Politicians in this place want to tax/ban/villify vaping, because [children, fake science, smoking is bad]."
 

Izan

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sofarsogood

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I think this is a clumsy bargaining chip in the governor's budget proposal. The e liquid i make at home for personal use costs about a penny a milliliter. A year supply, 1825 ml costs me $20. The governor's tax on that would be $730. Explain how that wouldn't create the mother of all black markets. May be the governor and his people are that foolish but I doubt it. More people need to be mixing. May be stories like this will help. Thank you Governor.
 

Riplea

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Annual MTSA Payments
to States through 2025

California $25,006,972,511
New York $25,003,202,243
Pennsylvania $11,259,169,603
Ohio $9,869,422,449
Illinois $9,118,539,559
Michigan $8,526,278,034
Massachusetts $7,913,114,213
New Jersey $7,576,167,918
Georgia $4,808,740,669
Tennessee $4,782,168,127
 

VHRB2014

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Nic`d Up in Oklahoma!
Obviously the states themselves need to be broken up into little electoral values so that the many are not ruled by the few, within the states themselves. Or something like that. To think that little tiny island is running the whole of NY, piss`s me off.
 

Eskie

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I read that and decided to check out my State assemblyman. Look her up, find her website, figure "Oh good, her office is even close to me". Read her blurbs, and see she wants to eliminate any e liquid that's not in a pod or prefilled whatever. I fee like dropping off a handful of reprints of articles about vaping but know they will never be read, and they'll think I'm some nut.

I did write to Cuomo and said if this is supposed to be about promoting public health, it's a pretty perverse way to try and go about it.
 

sofarsogood

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Annual MTSA Payments
to States through 2025

California $25,006,972,511
New York $25,003,202,243
Pennsylvania $11,259,169,603
Ohio $9,869,422,449
Illinois $9,118,539,559
Michigan $8,526,278,034
Massachusetts $7,913,114,213
New Jersey $7,576,167,918
Georgia $4,808,740,669
Tennessee $4,782,168,127
Have you got a link for that. It appears to be adding multiple years so not easy to see the significance year to year. There is also the tobacco excise taxes on top of the above. Never the less if everybody stops smoking, may be a pipe dream but not a fantasy, a lot of states will be in a world of financial pain. Public health and public education would get the biggest funding cuts. Guess who's doing most of the whining.
 
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Steamix

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A 'revenue meeting' ...

Says it all.
Spare us the mollusc posture and the bovine manure talk.
Vapers all over have translated that already:

''We're broke and you not smoking makes us even broker so we're gonna slam taxes on vapes"

Article itself is remarkably unbiased for a change. Guess there's just too much data now on the reduced harm from vapin to get ignored. Well, except by politicos who forgot to pipe up when brains got distributed...
 

sofarsogood

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Thanks. Getting off smoking the way i did, by vaping, has given me a different veiw of things. I don't see the tobacco companies as the villians. Governments take most tobacco revenues. It's their business. The companies, growers,, distributors and retailers are just contractors for governments. Suddenly there is a cure for smoking and the end of tobacco world wide is realistic, not a fantasy. The tobacco companies know this and accept it because they have alternatives, governments are in denial because they don't.
 

jwbnyc

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It's a little more complicated than just the lost MSA, and tax revenues, as many states (including New York) have monetized the projected MSA payments well into the future and so are on the hook to investors. They are in a hole and it's getting deeper every hour of every day. Talk about your junk bonds... also, they are using a totally unrealistic estimate of roughly One ml, of ejuice, being equivalent to a pack of cigarettes, mainly because they are clueless. Remember all those cigalikes advertising exactly that? We know better; our fearless leaders don't.
 

Steamix

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It's a little more complicated than just the lost MSA, and tax revenues, as many states (including New York) have monetized the projected MSA payments well into the future and so are on the hook to investors. They are in a hole and it's getting deeper every hour of every day. Talk about your junk bonds... also, they are using a totally unrealistic estimate of roughly One ml, of ejuice, being equivalent to a pack of cigarettes, mainly because they are clueless. Remember all those cigalikes advertising exactly that? We know better; our fearless leaders don't.

Of course they don't. Or pretend not to know any better for getting their taxes.

Once FDA regs are a done deem, there won't be much left to tax anyway.

Except BT's products. But maybe that was the idea anyway. To keep the gravy train running on its good ole' familier tracks. There's a catch, though: I understand that MSA payments are based on cigarettes consumed, just like the tobacco taxes themselves. And BT will certainly balk at the idea of counting their vape line towards the MSA installments.

And these numbers are dwindling. Wouldn't credit that to vaping alone, but it sure plays a major role. And it's a most visible, most obvious. Anyone never taking up vaping or smoking doesn't register. Someone sporting a vape or a smoke - easy to point out, easy to turn into a pariah.

If gov't seriously expects to recover lost taxes AND shrinking MSA payments from the vapers alone they gonna get even less cuz in sofarsogood's words , we'll be getting the mother of all blackmarkets.

If the margin is right, certain informal business conglomerates won't have a problem including that in their trade portfolio. Sachets with white powder or bottles with clear liquid, their distribution network and market coverage is on par with BT's ...
 
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