VAPING NEWS: GEORGIA [Vape Tax]

“The key House committee approved a seven percent tax on vaping products Wednesday but declined to take on a hike in tobacco taxes. Vaping products could be taxed at as much as 7% of the wholesale price, depending on the type of device. That would add about $6 million per year to the state’s general fund, according to the Georgia Budget and Policy Institute. The rate is designed to be similar to the 37-cent tax for tobacco products, said Rep. Bonnie Rich, a Suwanee Republican.”

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State House Committee Pushes For New Tax On Vaping Products

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Author: Bill Tarling