In the past 15 years, states are increasing
taxes on the industry. In fact, the taxes on tobacco merchandise are raised 5
times a lot of usually than taxes on alcohol. Consistent with the National
Association of State Budget Officers (NASBO), between 2000 and therefore the
starting of 2015, taxes on tobacco merchandise have up 111 times and cut
fourfold. By comparison, taxes on alcohol were raised twenty three times and
cut eight times.
Clear difference exists between the 2 taxes
at a state level additionally. Over this 15-year amount, a complete of forty
five states have enhanced their tobacco taxes a minimum of once; but, solely
sixteen have raised taxes on alcohol.
Many governance (at each the state and
federal level) square measure going to classify e-cigarettes as tobacco
merchandise and tax them consequently. However, till policymakers and voters
reach a firm call regarding whether or not to tax e-cigarettes, those that
build the switch from tobacco cigarettes will stand to avoid wasting some cash.
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