A recent discussion on the Ahlusion thread got me wondering. If the FDA rules vaping liquids are a "tobacco" product, it most assuredly will be subject to taxation. Yes, I make some twisted connections.
Cigarettes are taxed per pack. Assuming that the average smoker smokes one pack a day and that the average vaper vapes 3-5ml per day, let's assume e-liquids are subjected to taxation with 3ml and then 5ml equating to one pack of cigarettes. Currently the Federal tax per pack is $1.01, no matter what State it is purchased. Individual States then add their own taxes which vary.
You can find your State's rate here:
https://en.wikipedia.org/wiki/Cigarette_taxes_in_the_United_States
or
https://en.wikipedia.org/wiki/Cigarette_taxes_in_the_United_States
or
http://www.tobaccofreekids.org/research/factsheets/pdf/0202.pdf
I hope this doesn't get into a discussion about looking for loopholes (nic vs no nic) or whether the govt. should keep it's nose out of our business, or health aspects or whether my e-liquid tax assumptions are correct--please pretend that they are--humour me. .
I would just like to see you calculate the cost of their favorite juice at the assumed rate of 5ml being taxed at the pack rate and then at the 3ml rate and voice whether or not that cost would cause you to quit vaping.
I live in Ohio and my most expensive vendor is Ahlusion, so the cost of 30ml untaxed is $17.00. Federal tax $1.01 (per pack rate/per 5ml rate) x6 = $6.06. State tax is &1.25 (per pack rate/per 5ml rate) X6 = $7.50. Total tax on 30ml = $13.56 Total = 30.56.
So, here is my sample post:
Ohio
Total cost of 30ml at 5ml rate = $30.56
I'd still buy.
If it were taxed at 3ml rate = $39.60
I'd quit or moonshine
Mixcalculated--usually I'm not too bad at math
Re-edint: My math sucks! Will correct the others I did and I QUIT.
Cigarettes are taxed per pack. Assuming that the average smoker smokes one pack a day and that the average vaper vapes 3-5ml per day, let's assume e-liquids are subjected to taxation with 3ml and then 5ml equating to one pack of cigarettes. Currently the Federal tax per pack is $1.01, no matter what State it is purchased. Individual States then add their own taxes which vary.
You can find your State's rate here:
https://en.wikipedia.org/wiki/Cigarette_taxes_in_the_United_States
or
https://en.wikipedia.org/wiki/Cigarette_taxes_in_the_United_States
or
http://www.tobaccofreekids.org/research/factsheets/pdf/0202.pdf
I hope this doesn't get into a discussion about looking for loopholes (nic vs no nic) or whether the govt. should keep it's nose out of our business, or health aspects or whether my e-liquid tax assumptions are correct--please pretend that they are--humour me. .
I would just like to see you calculate the cost of their favorite juice at the assumed rate of 5ml being taxed at the pack rate and then at the 3ml rate and voice whether or not that cost would cause you to quit vaping.
I live in Ohio and my most expensive vendor is Ahlusion, so the cost of 30ml untaxed is $17.00. Federal tax $1.01 (per pack rate/per 5ml rate) x6 = $6.06. State tax is &1.25 (per pack rate/per 5ml rate) X6 = $7.50. Total tax on 30ml = $13.56 Total = 30.56.
So, here is my sample post:
Ohio
Total cost of 30ml at 5ml rate = $30.56
I'd still buy.
If it were taxed at 3ml rate = $39.60
I'd quit or moonshine
Mixcalculated--usually I'm not too bad at math
Re-edint: My math sucks! Will correct the others I did and I QUIT.
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