Here's an article in the NY post
http://nypost.com/2017/03/29/nys-anti-science-e-cig-crackdown/
http://nypost.com/2017/03/29/nys-anti-science-e-cig-crackdown/
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?Read the article and that's some straight up bull
No, I meant article was good. Tax is 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?
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.Here's an article in the NY post
http://nypost.com/2017/03/29/nys-anti-science-e-cig-crackdown/
Good article. Maybe Cuomo will read it and learn something...
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.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
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.
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.