As if there haven’t been enough taxes imposed on vaping products, Governor Andrew Cuomo wants to impose even more. He wants to add on a state tax and make it even more expensive to purchase the products you have come to know and love. Instead of being able to enjoy your favorite juice for the price you pay now, you could be looking at paying a $0.10 per milliliter tax on your liquid. That can add up over the course of time, leaving many not being able to afford the juice they once could.
With as much as these products have grown in popularity, the state could end raking in a nice amount of money on the deal. The vapor tax plan is nestled inside of the $152.3B budget proposal that was unveiled recently. However, it doesn’t just stop there. It also wants to put a ban in place for using e-cigarettes in workplaces, restaurants and on school grounds, essentially all of the same places where traditional cigarettes are already banned.
According to Cuomo, they are working to continue their efforts on banning smoking. New York has a long record of being successful in their efforts, so it doesn’t come as a surprise that they want to continue doing even more to prevent people from being able to smoke in public. If this new law is put into place and approved by New York lawmakers, it means all products are going to be taxed, even the ones that don’t contain nicotine. That doesn’t exactly make sense given the fact that these products aren’t in the same category.
After this new budget goes into effect, it could take as much as 180 days before it goes into effect. The tax would take place on a wholesale level. Governor Cuomo’s proposal is hitting the market aright as all of the studies about young adults and e-cigarettes are emerging. From 2015-2016, the state took in roughly $1.3B in taxes on tobacco and cigarettes. Based on the information in Cuomo’s budget, he anticipates that the number is going to continue dropping from one year to the next. By adding this tax to all vaping products, it would give the state another $3M in revenue.
The proposal would also put vaping in their Clean Indoor Air Act that was passed back in 2003. This law prevents smoking in indoor spaces, restaurants and workplaces. The American Vaping Association continues to fight back against this new budget and the implications it could have on those who vape. It doesn’t make sense to treat a smoke-free, tobacco-free and possibly even nicotine-free product the same as that of a traditional cigarette. These two items aren’t even in the same category, so why are they being treated the same?
While vapers are forced to continue fighting, the state is looking to see what they can do to continue increasing their revenue by imposing this new tax on all vaping products. It is only a matter of time before everyone knows what is going to happen.