Source: ecigarette-politics.com
Please feel free to input any comments/feedback. All inputs will be greatly appreciated.
Educate and Encourage vaping to all whom are of legitimate age to consume nicotine in any type or form. Thank you.
I believe most of our local vapers already knew about this and yet thanks for the info mate!
Sad to say that most of my vaper buddies switch back to cancer stick, after they notice vaping is hard in this country. We face alot of obstacles, got scammed, got caught and etc etc....
Its too painful to be honest.
Stay safe mate!
Sad but true, most political decisions are biased toward revenue/income of government coffer.. its just about how they package it so the public have a perception that it’s good for them... take medisave for instance, after the recent media blast about its benefits they raise the premiums. Can anyone make an educated guess how much they rake in, CPF and medisave, per month? No amount is enough!
Bottomline... As all our bros cited above, money (taxes) is the root of all evil which holds a firm grip on the government's ever thirsty lust for greed.
Taxing vaping is much more challenging than taxing cigarettes and is unlikely to generate a small fraction of the taxes no matter the tax rate. For instance, I used to spend $3,000 a year to smoke a carton a week in Michigan. One liter of 100 mg nic costs $50 and will last me 4 years and replace $12,000 worth of cigarettes. In Chicago cigarettes cost twice as much so the same bottle saves $24,000. For $250 I have enough nic in the freezer to last 20 years (if nic will keep that long). That's less than it cost me to smoke for 3 months. Vaping will crush smoking because of the price advantage.I don't think it's taxes. Government could easily tax the juice and/or hardware if they wanted to.
The best number I found is annual tobacco sales world wide are something like $800-$1 trillion dollars. That's a lot all by itself. What is the other money connected to smoking besides medical costs related to smoking? (I'm not convinced that eliminating smoking will reducee the total cost of all medical care. People will live longer and everybody dies of something.)There is a ton of money connected to smoking ... not just the sale of cigarettes.
Taxing vaping is much more challenging than taxing cigarettes and is unlikely to generate a small fraction of the taxes no matter the tax rate. For instance, I used to spend $3,000 a year to smoke a carton a week in Michigan. One liter of 100 mg nic costs $50 and will last me 4 years and replace $12,000 worth of cigarettes. In Chicago cigarettes cost twice as much so the same bottle saves $24,000. For $250 I have enough nic in the freezer to last 20 years (if nic will keep that long). That's less than it cost me to smoke for 3 months. Vaping will crush smoking because of the price advantage.
The best number I found is annual tobacco sales world wide are something like $800-$1 trillion dollars. That's a lot all by itself. What is the other money connected to smoking besides medical costs related to smoking? (I'm not convinced that eliminating smoking will reducee the total cost of all medical care. People will live longer and everybody dies of something.)
Yes. But the so-called tobacco control crowd are just the tip of an iceberg. Here in Michigan I believe state government collects something like $944 million per year in tobacco taxes which is 4% of their total tax revenue. If that money went away many tax supported and tax subsidized organizations would see painful funding cuts. Every year there is ferocious competition for government funding for all sorts of groups. They see ecigs as a funding threat. Anything that threatens their money, no matter how much good it can do, will be opposed. The practical solution is to identify these groups and end their tax funding entirely. Then they will shut up and .... out because they don't have skin in the game or they cease to exist.There is a lot of money and employment in regards to Anti-Tobacco awareness ... this money and employment will always survive as long as smoking is around. They cannot let Vaping kill off smoking and have everybody start being more healthy.
Too many lobbyists pushing too much money to have Vaping survive. For all the same reasons, we are seeing a Global Assault on Vaping.
Ugh. @Cloudy44 enough with the colored text. Makes it very difficult to read.