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The U.S. Democratic Party plans to abolish e-cigarette taxes!

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Update time : 2021-12-20 18:28:28

The bill passed by the U.S. House of Representatives last month included a $9 billion tax increase. According to the plan passed by the House of Representatives, e-cigarettes, e-cigarette liquids, and oral nicotine bags will be taxed, which is higher than that proposed by members of the House of Representatives earlier this year. The broader tobacco tax increase is much smaller. The smaller version will impose a tax on e-cigarette products, aiming to parallel the existing federal cigarette tax rate of $1.01 per pack.
This tax has caused a lot of opposition from representatives of the e-cigarette and vapor industry and tobacco harm reduction advocates. They stated that in some cases, the tax will make e-cigarettes more expensive than combustible cigarettes-which is an anomaly. As a result, it is generally believed that electronic cigarettes are more expensive than combustible cigarettes. The harm is less than smoking.
In addition, Gregory Conley, chairman of the American Electronic Cigarette Association, said: "There is evidence that the new excise tax on e-cigarette products will prevent adults from quitting smoking and shut down small businesses that are already responding to federal regulations that are hitting the industry."

However, on December 11, 2021, the Wall Street Journal quoted people familiar with the matter as reporting that a proposal to impose a federal tax on e-cigarettes in the Senate Democrat’s Medical, Education, and Climate Change Act has been deleted from it.
Senator Catherine Cortez Masto (Nevada Democrat) pushed for the elimination of the tax and helped to force its removal.

All tax increases on tobacco and nicotine have aroused opposition from Republicans, who stated that the burden of taxation will fall on low- and middle-income families. Many proposals will affect people whose income is less than $400,000. President Biden said that if it falls below this limit, Americans will not face tax increases.
Critics also point out that taxes will be regressive. According to a recent poll by Galloin, Americans with an annual household income of less than $40,000 are more likely to smoke e-cigarettes than high-income groups.

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