As I’ve written before, the top target for tax increases at the state level in 2014 was electronic cigarettes and vapor products. Politicians, looking to protect their monopoly on cigarette sales and compensate for declining tobacco revenues again have e-cigarettes in their sights in 2015.
Raising the cost of products that will unquestionably save lives makes little sense at face value. To do so in the name of filling budget holes, “protecting children,” or simply expanding the definition of tobacco products is even worse.
Today, I sat down with Grover Norquist to discuss these new innovative products and some of the states where politicians will try to raise taxes on e-cigarettes in 2015.
What do you think? Should states raise taxes on electronic cigarettes?