“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 Minnesotaโs tax levied on e-cigarettes โ๐ถ๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ๐ฑ ๐ฎ๐ฑ๐๐น๐ ๐๐บ๐ผ๐ธ๐ถ๐ป๐ด ๐ฎ๐ป๐ฑ ๐ฟ๐ฒ๐ฑ๐๐ฐ๐ฒ๐ฑ ๐๐บ๐ผ๐ธ๐ถ๐ป๐ด ๐ฐ๐ฒ๐๐๐ฎ๐๐ถ๐ผ๐ป ๐ถ๐ป ๐ ๐ถ๐ป๐ป๐ฒ๐๐ผ๐๐ฎ.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:
STUDY:
The Impact of E-Cig Taxes on Smoking Rates: Evidence From Minnesota