The Final Count Down -- Are You Ready?

[DavidOck]

Yeah, and with illegal street drugs being the problem, let's make it ALL illegal street drugs. That'll fix the problem.

 

[mikepetro]

I just saw reports on another forum that NG is speaking of a "nic shortage" going on. They are blaming the brown 250mg on that.

 

[Bronze]

I guess the question is, who fights the hardest to protect the children. This governor is being proactive, that governor is OK with letting the children go on suffering for another 6 months. The governor who doesn't act now will be attacked by whoever wants to take their job. A two minute talking point for the next election.

And what I have been hearing, it is moms of underage children who are most favorable to vaping bans. So that's primarily who the politicians are pandering to.

 

[RedForeman]

And what I have been hearing, it is moms of underage children who are most favorable to vaping bans. So that's primarily who the politicians are pandering to.

It goes all the way to the bottom of the political pile. I forget why, but half our city council seats (3) are being voted on in a special election in a few weeks. One candidate I'll never vote for has already chimed in on the banwagon to save the children. The trolling opportunities on FB have been epic.

 

[Uncle]

Local news reports tonight - Miami Beach Bans Vaping, E-Cigarette Use in All City Parks . . .

 

[Letitia]

Came across this on elr.
House panel to take up $10B vaping tax Wednesday

 

[Rossum]

Came across this on elr.
House panel to take up $10B vaping tax Wednesday

The bipartisan bill, from New York Reps. Tom Suozzi, a Democrat, and Republican Peter T. King, would tax “any nicotine which has been extracted, concentrated or synthesized” at the same rate cigarettes are currently taxed, or the equivalent of $50.33 per 1,810 milligrams of nicotine.

Let's do a quick bit of math:
$50.33 / 1,810 = $0.027807 / milligram.

Call it 2.78 cents per milligram.

There are 100,000 milligrams of nic in a liter of 100 mg base.

This means the tax on a liter of nic base would be $2780.

Two Thousand Seven Hundred Eighty Dollars.

Keep calm and and refer back to post #4 of this thread.

 

[Bronze]

Let's do a quick bit of math:
$50.33 / 1,810 = $0.027807 / milligram.

Call it 2.78 cents per milligram.

There are 100,000 milligrams of nic in a liter of 100 mg base.

This means the tax on a liter of nic base would be $2780.

Two Thousand Seven Hundred Eighty Dollars.

Keep calm and and refer back to post #4 of this thread.

I find this tax rather moot as well because most (if not all) juice makers and nic extractors (for juice makers) will be put out of business by Deeming anyway.

 

[Iron Molly]

Let's do a quick bit of math:
$50.33 / 1,810 = $0.027807 / milligram.

Call it 2.78 cents per milligram.

There are 100,000 milligrams of nic in a liter of 100 mg base.

This means the tax on a liter of nic base would be $2780.

Two Thousand Seven Hundred Eighty Dollars.

Keep calm and and refer back to post #4 of this thread.

Wow. If that passes, the black market will certainly be in full swing. That's just horrible!

 

[Rossum]

I find this tax rather moot as well because most (if not all) juice makers and nic extractors (for juice makers) will be put out of business driven into the un-taxed, informal economy by Deeming anyway.

Fixed that for you.

 

[Letitia]

I find this tax rather moot as well because most (if not all) juice makers and nic extractors (for juice makers) will be put out of business by Deeming anyway.

Only the ones dependent on US sales. More concerned for diyers that can't afford to stock up in the near future.

 

[BigPappa]

Came across this on elr.
House panel to take up $10B vaping tax Wednesday

Anyone have any idea when we will know if this passes? And if so, how long do you think it will be until it is enacted?

 

[Rossum]

Anyone have any idea when we will know if this passes? And if so, how long do you think it will be until it is enacted?

Anyone in Congress can propose a bill to do just about anything. I don't know what percentage of bills end up being passed by both houses and signed into law, but I bet it's 10% or less. In fact, a measure like this has a better chance if it is attached to some major, must-pass piece of legislation rather than as a stand-alone bill. In any case, I wouldn't expect it to become law very quickly.

Then again, if it does become law, and the States follow suit with their own per-milligram taxes, there will probably be a positive side-effect: A cease-fire in the War on Vaping.

 

[VladK16]

Anyone in Congress can propose a bill to do just about anything. I don't know what percentage of bills end up being passed by both houses and signed into law, but I bet it's 10% or less. In fact, a measure like this has a better chance if it is attached to some major, must-pass piece of legislation rather than as a stand-alone bill. In any case, I wouldn't expect it to become law very quickly.

Then again, if it does become law, and the States follow suit with their own per-milligram taxes, there will probably be a positive side-effect: A cease-fire in the War on Vaping.

With the result being the only people who will still be vaping nicotine are those DIY people who stocked up on nicotine beforehand.

 

[BigPappa]

Anyone in Congress can propose a bill to do just about anything. I don't know what percentage of bills end up being passed by both houses and signed into law, but I bet it's 10% or less. In fact, a measure like this has a better chance if it is attached to some major, must-pass piece of legislation rather than as a stand-alone bill. In any case, I wouldn't expect it to become law very quickly.

Yeah, I just worry that the current climate might accelerate things and also make it more likely that it passes.

Then again, if it does become law, and the States follow suit with their own per-milligram taxes, there will probably be a positive side-effect: A cease-fire in the War on Vaping.

Agreed. It all comes down to the money.

 

[Letitia]

With the result being the only people who will still be vaping nicotine are those DIY people who stocked up on nicotine beforehand.

Not really. Pods do have a following and black market juice will be readily available. You don't honestly think the shop owners are going to toss out all their juices do you? I predict private clubs will form in some areas much like they do in dry counties.

 

[Brewdawg1181]

Let's do a quick bit of math:
$50.33 / 1,810 = $0.027807 / milligram.

Call it 2.78 cents per milligram.

There are 100,000 milligrams of nic in a liter of 100 mg base.

This means the tax on a liter of nic base would be $2780.

Two Thousand Seven Hundred Eighty Dollars.

Keep calm and and refer back to post #4 of this thread.

So I diy, but assume for a minute that I didn't, to get an idea of what a juice buyer might expect. Tell me if I'm missing a decimal or something, but to get to what effect it would be on someone buying store bought juice, vaping at my levels.

I vape 2ml/day at about 14mg (I know, it's relatively low) so a liter of 100mg should last me near 10 years.
$2780 divided by 10 would be $278 per year. Divided by 52 weeks, that'd be $5.34 tax per week on my supply of juice, right?

 

[Letitia]

Yeah, I just worry that the current climate might accelerate things and also make it more likely that it passes

This is my fear as well. On top of that the states will get a healthy kickback of those tax $$.

 

[Brewdawg1181]

Fixed that for you.

No worries - I'm sure some respectable, trustworthy suppliers will step up:

Seriously, though- I doubt that many legal companies we're familiar with now will be driven to black market. If your business model is legal, it'd be hard to make that decision. I'd think it'd be the ones that are already in the black market that will see an opportunity and step in and fill the void.

 

[englishmick]

Seriously, though- I doubt that many legal companies we're familiar with now will be driven to black market. If your business model is legal, it'd be hard to make that decision. I'd think it'd be the ones that are already in the black market that will see an opportunity and step in and fill the void.

Oh great. Apart from testing your new bottle to see what the actual nic concentration is, you have to test for Vit E and pesticides.