VAPING NEWS: VAPE TAXES

“A new study of the e-cigarette tax in Minnesota has verified the first rule of economics: the more something costs, the less people buy. The study’s authors, mostly National Bureau of Economic Research economists, found Minnesotaโ€™s tax levied on e-cigarettes โ€œ๐—ถ๐—ป๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ฒ๐—ฑ ๐—ฎ๐—ฑ๐˜‚๐—น๐˜ ๐˜€๐—บ๐—ผ๐—ธ๐—ถ๐—ป๐—ด ๐—ฎ๐—ป๐—ฑ ๐—ฟ๐—ฒ๐—ฑ๐˜‚๐—ฐ๐—ฒ๐—ฑ ๐˜€๐—บ๐—ผ๐—ธ๐—ถ๐—ป๐—ด ๐—ฐ๐—ฒ๐˜€๐˜€๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ถ๐—ป ๐— ๐—ถ๐—ป๐—ป๐—ฒ๐˜€๐—ผ๐˜๐—ฎ.โ€ Although the findings agree with previous studies, showing that higher taxes successfully reduce vaping, they also find that e-cigarette taxes have re-incentivized the use of conventional cigarettes.”

 

ARTICLE LINK:

Vaping Tax Economics

STUDY:

The Impact of E-Cig Taxes on Smoking Rates: Evidence From Minnesota

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Author: Bill Tarling