Several states and even localities have either proposed or implemented taxes on vaping products. “The variety of taxing methods and wide range of rates indicates that there is little consensus on the best way to tax vapor products.” says the article.
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Different types of taxes at different rates
High taxes drive consumers to the black market
The article went on by referring to the data which indicates that vaping is at least 95% safer than smoking. However, added the article, this “difference in health risk” is not reflected in the way the products are taxed as vaping products are subjected to the same taxes as regular cigarettes.
Additionally, in line with what many public health experts have said, data has shown that consumers’ response to raising prices on vaping products or making them unavailable is turning to contraband products.